It is very important. A financial agreement is an asset protection tool. Married and de facto couples in Australia can enter into a written agreement, before, during or after cohabitation or marriage, which deals with how property and maintenance will be dealt with if they separate.

Navigating the complexities of a relationship breakdown can be emotionally and financially challenging. Binding Financial Agreements, also known as pre-nuptial, post-nuptial, or separation agreements and sometimes referred to as spouse loan agreements, offer married or de facto couples a way to plan for the potential division of assets and financial support in the event of [...]