Pre-nuptial definition
What is a pre-nuptial agreement?
A pre-nuptial agreement also known in Australia as a binding financial agreement is an agreement between two spouses about the division of their assets and spousal maintenance should their marriage or relationship break down.
A binding financial agreement removes the power of the Family Court to decide these issues. This means that by entering into such an agreement you will be giving up your rights under the Family Law Act 1975.
The following slideshow summarises some important aspects of pre-nuptial agreements in Australia.
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