Financial Agreement Testimonials

"we agreed to do a prenup but the cost was out of reach until we found your prenup financial agreement kit. You saved us a fortune, thank you"
"I didnt realise that completing legal documentation could be that easy. I wanted the security of the legal framework without the expense.”
“Excellent material, first class product, will save us a fortune in legal fees”
Anton Hearn (prenup)
“The contract we downloaded met our needs at a fraction of the cost of using a lawyer. We were able to tailor it to our exact requirements. The process was very easy and your customer service and follow-up emails excellent. We felt that you really care about your customers.”
Cassandra N. Vaucluse nsw
“As a graduate of the University of Canberra Masters of Legal Studies I found that the product that you supply of great benefit and would be more than happy for you to use me as a testimonial”
J Boland Sandstone Point QLD
“It took all the hassle out of it. I thought it would be harder to do it myself but it was all self explanatory. The email and downloads were quick and there was no waiting around”
“We have had other legal documents before and found them confusing. This was easy to do for both parties and gives us peace of mind that all is covered.”
Rodney P. Hawthorn Vic
“Thanks for your prompt response, also for the way you have responded, if all organisations handled customer queries as quickly and efficiently as you have, we would all be better off. Many thanks”
Richard Franks
"Fabulous service. We are very happy with the result and just how effortlessly it was achieved. Thank you." Joanne
Awesome service loved it and this email takes you from magic into legend ...wow, full respect!! ;) Thanks!
Paul
“You have an impressive service here – it’s firmly in my web favourites.”
Paul
“Simple and Seamless, the document required only minimum of amendments. Much better than an alternative several thousand dollar spend with lawyers. ”
Dennis B. Vaucluse NSW
“Thanks for your follow up. The entire process was easy and documents accurate and complete. Again, thank you for offering your assurances.”
Kind Regards Stav, Donna and Kids
"using the prenup agreement kit was so easy. By far the cheapest way we could do a pre nuptial agreement, many thanks"
"thank you, thank you...going through a separation and dividing property is painful. i'm so glad to have found your separation agreement kit. It prevented any more arguments and was cheap compared to what the lawyers were asking. Thanks again"
"we found it so easy to make this financial agreement work for us. We both feel safer now and it didn't cost us a fortune to set up. Many thanks"”
Theresa and Peter
"the prenup was way easier than expected and the review service saved a fortune, many thanks"
... it's been such a smoother process 'time and cost wise' than either of us had imagined possible after the first ring round of family law firms. We would recommend you to friends who are entering in to a de facto relationship and want something drawn up. Thank you, you have been most helpful from the very 1st phone call.Easy to deal with, polite and patient.

PLEASE NOTE! Agreements become legally binding only when each party has received Certified Independent Legal Advice

 

Binding Financial Agreement after Dissolution of Marriage: Divorce

 

When getting a divorce there are two processes to consider – one is simply dissolving the marriage itself and the other is dividing the property, spousal maintenance and child support issues.

A ‘Certificate of Divorce’, which contains the dates of the decree nisi and the decree absolute marks the formal end of the marriage.

Getting the divorce.

In Australia it is quite simple to get a divorce – it can be done on-line at http://www.divorce.gov.au/ . This site has information and resources to help you learn about the divorce process and lodge your application for divorce whether it be on-line or offline

Settling Property / Maintenance and Child Support Issues

Divorced couples who wish to finalise all matters of a financial nature in dispute between them, including spousal maintenance, require some form of legal documentation.

As long as the coupe are communicative and willing to resolve their issues they can be addressed in one of two ways. The couple can make an agreement with ‘consent orders’ being made by a family law court or they can enter into a financial agreement.

 

A consent order is a written agreement approved by a court. A consent order can cover parenting arrangements for children (a ‘parenting order’) as well as financial arrangements such as transfer and sale of property and spousal maintenance. The court must be satisfied that the orders are properly drafted and that the terms of the agreement are "just and equitable", before it will approve them.

Provided for under the Family Law Act 1975, Section 90D refers to Financial Agreements after the dissolution of marriage or divorce. Like other Financial Agreements, section 90D focuses on the division of financial resources of both parties and maintenance of either party after the couple has divorced.

The difference between a Financial Agreement and Consent Orders is you do not need to lodge your financial agreement with the Court for approval, and it is not subject to review by the Court.

If no agreement can be reached then an application for property orders must be submitted to either the Family Court of the Federal Magistrates Court.

An application must usually be made within 12 months of your divorce becoming final. The decision is then made through a court hearing.

Financial agreements 90D (Divorce Agreement) negate the need for the couple to enter court proceedings, reducing the risk of extended litigation and providing certainty of outcome.

Reaching an amicable property settlement agreement quickly about debts, assets and property offers the divorcing couple many advantages;

* you get to make your own choices

* you significantly reduce the financial and emotional costs of taking the matter to court

* you can ensure more open communication with your former partner increasing the likelihood of improved conflict resolution in the future

* your ongoing relationship as parents, if you have children, is likely be more harmonious and

* you are able to move forward and make a new life for you more quickly without the strain of ongoing tension and disputes.

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 Property Settlement  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 independant 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.

 
 

Divorce Extra Information

Overall divorce rates are now falling...contrary to popular belief this is technically true

'The number of divorces granted in Australia have been decreasing each year since reaching a peak in 2001.
This trend continued in 2007 with 47,963 divorces granted in comparison to 51,375 in 2006, showing a decrease of 3,412 or 6.6% over this period. The number of divorces granted in 2007 was 9.8% lower than five years ago, but only 6.6% lower than 10 years ago due to a peak in the number of divorces granted in 2001.' (information  taken from the Australian Bureau of Statistics.)

HOWEVER...the marriage rate is also falling rapidly.

'Marriage rates for the unmarried population (per 1,000 not currently married men or women aged 15 years and over) have also fallen over time. In 1976 marriage rates for the unmarried population were 63 per 1,000 unmarried men and 61 per 1,000 unmarried women. By 2001, these rates had declined to 31 and 28 respectively.' (information  taken from the Australian Bureau of Statistics.)

So in relative terms more and more people are still getting divorced.