De Facto Financial Agreement

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IT'S-OVER

• www.its-over.com.au

2
ABOUT US

• We are always here to help you understand the
  laws that govern de facto relationships and help
  you protect your assets.
• For more information, visit www.its-over.com.au

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BINDING FINANCIAL AGREEMENTS

• A Binding Financial Agreement can be a useful and
  cost effective instrument, which provides
  certainty and control to parties as to how their
  assets will be divided upon the breakdown of a
  relationship.
• A BFA can be done before commencement of
  cohabitation, during cohabitation or after the
  end of the relationship.

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DE FACTO PROPERTY SETTLEMENT

• If you are in a de facto relationship for longer
  than 2 years you could find that you have a legal
  obligation to provide your ex partner with a
  property adjustment should your relationship
  breakdown.
• Some de facto couples choose to draw up financial
  agreements before or during their relationship,
  which are similar to "prenuptial" agreements.

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DE FACTO RELATIONSHIP LAWS

• De facto relationships are dealt with under the
  Family Law Act 1975. As a result of changes to
  the law in which all states and territories with
  the exception of Western Australia passed their
  power in relation to dealing with the division of
  property between separating de facto couples to
  the Commonwealth Government.
• To know more, visit www.its-over.com.au

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VISIT US

• Level 13, 200 Queen Street
• Melbourne Victoria Australia 3000
• Phone [phone]