Family Law Advisors

Prenup / Binding Financial Agreement

Setting out how your assets would be split, prepared properly at a fixed price - with independent legal advice arranged for each of you, because that's the step that actually makes a binding financial agreement binding.

You and your partner have already agreed you want an agreement in place setting out how things would be split if the relationship ends. The part people often miss is that a binding financial agreement (BFA) isn't something you can just sign between yourselves and expect to hold up - it needs to be done properly.

What is a binding financial agreement?

A binding financial agreement is a formal agreement, made under the Family Law Act, that sets out how property, assets and finances would be divided if a marriage or de facto relationship ends. Made before marriage, it's commonly called a prenup; made after you're already married, it's called a postnuptial agreement - legally, they're the same instrument, just signed at a different time. Read more on our prenup template page, or our postnuptial agreement page if you're already married.

Why independent legal advice for each of you matters

Under the Family Law Act, a binding financial agreement doesn't take effect just because you've both signed it. Each person needs to receive independent legal advice, from their own separate lawyer, about how the agreement affects their rights and its advantages and disadvantages, before it becomes binding. Skip that step and the agreement can be set aside later - which defeats the whole point of having one. Arranging that advice for each of you, from an independent family lawyer in our network, is the centrepiece of our full-service option below.

Choose how you'd like this done

Fully prepared, independent advice arranged

Fixed price

Confirmed upfront before you commit

We prepare your binding financial agreement from your circumstances, then arrange independent legal advice for each of you from separate family lawyers in our network - the legal requirement that actually makes your agreement take effect.

Get started

DIY Kit

from $149

Template and guide only - independent advice for each of you is still required and not included

Prefer to prepare a draft yourself first? Our DIY Kit gives you the template and a step-by-step guide. It's a starting point only - your agreement has no legal effect until each of you has your own independent legal advice.

See the DIY Kit

How this works

Two people, two separate lawyers for the advice step - that's not extra bureaucracy, it's what the law requires.

1

Tell us your situation

A couple of lines about your circumstances and what you want the agreement to cover is enough to start.

2

We prepare your agreement

At a fixed price, drafted to reflect your circumstances accurately, with no hourly billing.

3

Each of you gets independent legal advice

We arrange a separate family lawyer in our network for each of you - this is a legal requirement, not an optional extra.

4

You sign, once that advice is in hand

Once each of you has received independent advice and is ready to proceed, your agreement is signed and takes effect.

Please note

A binding financial agreement, whether it's a prenup or a postnup, is not enforceable on its own. Under the Family Law Act, each person must receive independent legal advice, from their own separate lawyer, about the effect of the agreement on their rights and its advantages and disadvantages, before it can take effect. This applies equally whether you use our full-service option or prepare a draft yourself with our DIY Kit.

Questions people ask us about prenups and binding financial agreements

What's the difference between a prenup and a postnup?
Legally, they're the same document - a binding financial agreement under the Family Law Act. A prenup is signed before you marry or move in together; a postnuptial agreement is signed after you're already married. See our postnuptial agreement page if you're already married and looking into this.
Is a binding financial agreement enforceable without each of us seeing our own lawyer?
No. This is a legal requirement under the Family Law Act, not something we've added: each person must receive independent legal advice, from a separate lawyer, about how the agreement affects their rights and its advantages and disadvantages, before it can take effect. Arranging that independent advice for each of you is a core part of our full-service option.
How much does a binding financial agreement cost?
Our fully prepared service, including independent legal advice arranged for each of you, is a fixed price confirmed upfront before you commit - no hourly billing. If you'd rather start with a template and prepare a draft yourself, our DIY Kit is a cheaper starting point, though it still requires that same independent advice before it's enforceable.
Can I just use a template instead of the full service?
You can start with our DIY Kit template and guide, but a template alone is never enough on its own - a binding financial agreement only takes effect once each of you has had independent legal advice. Many people use the kit to get a draft together, then upgrade to have it reviewed and that advice arranged for each party.

Get in touch

Send us your details

Fixed price. Independent advice for both of you. No surprises.

Tell us your situation and we'll get your binding financial agreement prepared properly, with the independent advice each of you needs arranged as part of the process.

  • Fixed price
  • Independent legal advice arranged for each of you
  • No obligation to proceed