Asset Protection

At the beginning of a new relationship, things are usually very positive and neither you nor your partner want to think about the ‘what if’s’. It is never too early to think about protecting your assets.
Sadly, circumstances may change for each of you and what was blissful may not always be the case and a separation occurs.  This is when you would hope that there was a ‘pre-nup’ entered into between you and your partner setting out precisely what distribution is to occur between you.
The law provides a mechanism for you to enter into such an agreement with your partner, known as a Binding Financial Agreement (“BFA”). There are strict rules to be followed in order to ensure these Agreements stand the test of time.

Such BFA’s can be entered into at the commencement of a new relationship, during a relationship, or if you are already married but not necessarily intending to separate.

If you would like to protect your assets for the future we have the expertise to guide you through this process and document a binding document, call Julie at Shedden & Associates today on (02) 9891 0055 or 0411 667 699 for an initial conference to consider your rights and benefits of such an Agreement.