Prenuptial Agreements in Australia
Legal Framework
In Australia, prenuptial agreements are governed by Family Law Act 1975 (Cth) s 90B. The document is known as a Binding Financial Agreement.
Key Requirements
- Written Agreement: Must be in writing and signed by both parties
- Independent Legal Advice: Both parties should have separate legal counsel
- Full Financial Disclosure: Complete disclosure of assets and liabilities
- Voluntary Execution: Both parties must sign freely without duress
- Executed Before Marriage: Must be signed before the wedding
Official Resources
Important: Prenuptial agreement laws vary significantly by country. Always consult a licensed attorney in Australia for advice specific to your situation. The typical cost of a professionally drafted prenuptial agreement in Australia is AUD $2,000–$8,000.