
Binding Financial Agreements
A Binding Financial Agreement (BFA) is a legal contract under the Family Law Act 1975 that allows couples (married or de facto, before, during, or after the relationship) to set out how their property, finances, and sometimes spousal maintenance will be handled if they separate.
At Kennon Lawyers, we are family law specialists with deep experience in drafting BFAs tailored to each client’s needs. We’ll guide you through the process with care, confidentiality, and practical advice.
When should you consider a BFA?
You may benefit from a BFA if you are:
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Getting married or starting a de facto relationship
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Owning significant assets before the relationship
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Expecting an inheritance
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Involved in a family business
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Bringing children from a previous relationship
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Wanting to clearly define financial arrangements
If you have reached an amicable agreement with your ex-partner, we can help you document that in the quickest and most efficient way by entering into a Binding Financial Agreement.