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Defacto Separation Agreement

Who should use a de Facto Separation Agreement?

When a de facto couple has agreed to separate and they wish to formalise their agreement about the division of Assets, Liabilities, Property and Maintenance.

Binding Financial agreements remove the need to enter court proceedings and extended litigation. A BFA allows you to decide how to divide joint financial resources between yourselves, which lets you relax and get on with your life.

When a de facto relationship breaks down reaching an amicable agreement quickly about debts, assets and property can lessen conflict and reduce the stress involved. It’s no wonder many couples now see binding financial agreements as a logical alternative to the courts as well as a reliable exit strategy.

Our Binding de facto Separation Financial Agreement kit provides the framework for a compliant separation contract that will save you hundreds and possibly thousands of dollars. Not to mention the time and anxiety that comes with protracted litigation.

Sitting down with your partner to work out what your agreement needs to achieve, before you both run off to the lawyers, will save you considerable time, money and anxiety. Furthermore you’ll minimise the risk of having a Lawyer draft a one sided agreement that fails to reflect what either of you wants.

This comprehensive Binding de facto Separation Financial Agreement Kit has been drafted to comply with section 90D of the Family Law Act 1975 and provides all the guidance you need to create a legally binding, protective Separation Agreement.

It includes

  • The 90UD (Separation) Financial Agreement template
  • a Comprehensive User’s Guide which answers most questions;
  • access to the Exclusive Members area which takes you through the process step-by-step;
  • Sample agreement – so you know what the completed agreement should look like;
  • Sample clauses – help you to tailor the document to your own situation – just cut and paste!;
  • a Bonus Will kit because you often need to update your Will after separation.
  • Complimentary Separation Agreement assessment – we check your draft agreement to ensure it’s ready for the lawyers and the mandatory Legal Advice. This is how we save you thousands of dollars in legal fees.
  • Access to fixed price Legal Advice so you can get your agreement certified without spending a fortune.

Important note: Under the family law act this agreement is binding only when it is signed by both parties and contains a certificate certifying that each party has obtained independent legal advice prior to signing the agreement.

Sample Document Excerpt

Separation Agreement Sample for De facto Couples

Separation Agreement Sample for De facto Couples 3

Separation Agreement Sample for De facto Couples 2
Financial Agreement Assets and Liabilities Sample

Your financial agreement kit includes a comprehensive manual that explains the law as it applies to this agreement. It will show you in simple terms how to thoroughly cover important legal requirements, and how to complete your agreement in detail. In addition, it contains alternative legal clauses and provisions you can use to personalise your agreement.