A Financial Agreement allows you to decide how to divide joint financial resources out side the court system between yourselves, reducing your legal costs and the stresses associated with protracted litigation.
This Financial Agreement template provides the framework for a compliant property settlement contract that will save you hundreds and possibly thousands of dollars.
Sitting down with your ex now to work out a ‘property settlement agreement’ and what your agreement needs to achieve, before consulting your legal adviser, will save you considerable time, money and anxiety. Taking the time to work things out between you will also minimise the risk of having a lawyer draft a one-sided agreement that fails to reflect the needs of either party.
Each party must receive independent legal advice.
Once you have drafted your Agreement the law requires that each party must receive independent legal advice and the agreement must contain a certificate from a lawyer stating that each party has received said advice. This ensure that neither party can argue that they were not aware of the impact of the document they were signing.
Making a financial agreement under section 90D is a logical alternative to court action and offers a reliable exit strategy, which lets you relax and get on with your life.Financial Agreement After Divorce Information Here