Financial Agreements

Financial agreements are contractual agreements that remove or restrict the jurisdiction of the Family Court and Federal Circuit Court of Australia.

In this way, parties can avoid having to seek a Court-imposed resolution of property division and/or spousal maintenance. Financial agreements can be entered into before, during or after a marriage or de facto relationship.

They can cover matters such as:

the preservation of pre-relationship assets;
the protection of inheritances and gifts from family members;
final property entitlements upon separation; and
spousal maintenance.

In order to be legally binding, a financial agreement must satisfy a number of legislative requirements. This includes the requirement that each party receive independent legal advice.

Taussig Cherrie Fildes has considerable expertise in advising on, negotiating and drafting financial agreements. We work closely with our clients to ensure that their objectives are met and that all scenarios and implications (including taxation implications) are considered.

We also act for clients who have entered into financial agreements based on advice from other law firms but are now concerned about the appropriateness and validity of their agreements.

Testimonials

I would like to say a huge thank you for the magic that was done yesterday. I did not dare to hope that we would reach any form of agreement with the other side, let alone one that I am actually very comfortable with. So thank you again.

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I wanted to thank you all for your support over the year, I am very grateful and happy with the outcome for the boys. This means so much to me and I know how much the boys would appreciate everything we have done for them. I feel so much better after a traumatic and stressful year, I am finally at peace with everything and have no regrets.

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I'm deeply grateful for the calm and professional manner with which you have guided me.

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Thank you so much for your "above and beyond" attention to this matter. I am very grateful to all of you for help to get this over the line.

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You have a well-deserved reputation as being one of the leaders in the profession in the area you work in and I know that I was not an easy client to work for; but your skill and experience shone through when I was my most demanding. I will recommend you, without hesitation or reservation, to any friends and colleagues of mine who need advice in relation to Family Law matters.

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You are amazing at what you do, your work ethic is exceptional and your unmatched commitment to supporting your clients is genuine. I can't thank you all enough, you have changed our life and I will never forget what you have done for us.

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I just wanted to thank you all for helping me and the boys through this time and getting an amazing outcome for our family. You have been an incredible support and I couldn't have got through this without your help and guidance.

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Thank you for all your work on this matter. It was an absolute comfort to have such great and competent people in my corner, and was very much appreciated.

Testimonial 19

Thank you so much for helping me through this very tough time, and hopefully aiding towards a new beginning of my life! I feel so grateful for your passion, dedication, professionalism and know that you will endeavour to have my best interests at all times.

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