Binding Financial Agreement in Taree

Taree Binding Financial Agreement

Talking about finances before or after a relationship can feel awkward—but a clear agreement can prevent far bigger problems later. At Adamson Legal & Conveyancing in Taree, we help clients create binding financial agreements that protect property, outline responsibilities and reduce the risk of future conflict.


Whether you’re starting a relationship, living together or separating, we draft or review your agreement to reflect your situation and your intentions. We explain your rights, what's enforceable under law and how to avoid common pitfalls. It’s not about mistrust—it’s about mutual clarity.


You’ll get steady advice, explained in everyday language, and support that’s practical, not pushy.


Give us a call on (02) 6553 4266 to speak with someone about your binding financial agreement today.

Tailored to Your Relationship

There’s no one-size-fits-all when it comes to financial agreements. Every relationship has different assets, goals and future plans. Some couples want to protect family inheritances or business assets. Others want clarity around debts, super or future property ownership. We work with you to understand what matters and how best to protect it.


These agreements can be created before, during or after a relationship. That includes before marriage, in defacto partnerships or during separation. We can make sure it’s compliant under the Family Law Act and doesn’t leave either party vulnerable or uncertain.


We’ll help you think through what needs to be included, what language should be used, and what your options are if circumstances change. It’s not about preparing for failure—it’s about planning with care.

Clear Advice without Pressure

It’s normal to have questions—or even doubts—about putting financial terms in writing. We help you feel confident by giving you the facts, explaining the legal process and letting you take your time to decide. There’s no pressure to rush or commit before you’re ready.


We can help with initial advice, reviewing an existing agreement or preparing a new one from scratch. If your partner has already provided a draft, we’ll go through it with you line by line so you know exactly what you’re agreeing to. Every agreement must be reviewed independently by a lawyer before it’s valid—we help make that part easier too.


At the end of the day, it’s about putting things on paper so both parties are protected.

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Frequently Asked Questions

  • What is a binding financial agreement in Australia?

    A binding financial agreement (BFA) is a legal document under the Family Law Act that sets out how a couple’s property, finances and debts will be managed during or after their relationship. These agreements can be made before marriage (like a prenup), during a relationship or after separation.


    BFAs help avoid disputes by making expectations and entitlements clear in advance. For it to be valid, both parties must receive independent legal advice and sign the agreement voluntarily.

  • Do I need a lawyer for a binding financial agreement?

    Yes. Australian law requires both parties to receive independent legal advice for the agreement to be legally binding. The lawyer must provide a certificate confirming this advice, which is attached to the agreement.


    Without this step, the agreement may not be enforceable in court. A lawyer will help ensure the agreement is fair, legal and accurately reflects your intentions.

  • Can a binding financial agreement be overturned?

    Yes, but only in certain circumstances. A court may set aside a BFA if it finds the agreement was entered into under duress, involved fraud, is impractical to carry out, or doesn’t comply with legal requirements (like independent legal advice).


    This is why it’s important to ensure the document is properly prepared and both parties understand what they’re signing.

  • When is the best time to make a financial agreement?

    It depends on your situation. Many couples create them before moving in together or getting married, especially if one person is bringing in significant assets. Others create them during the relationship to clarify ongoing arrangements.


    Financial agreements can also be made during or after separation to avoid going to court. Regardless of timing, the key is to ensure both people feel comfortable and informed when the agreement is made.