A family law financial agreement, often called a Binding Financial Agreement or BFA, is only enforceable if it strictly complies with Australian law. This article explains how to make a family law financial agreement legally binding, including when it can be used, the legal requirements, common mistakes, and when agreements can be set aside by a court.
In Australia, some Family Court orders can be varied informally or through administrative processes, while others require either agreement between the parties or a fresh court application. This article explains the options, the limits and when legal advice is important to avoid breaching an existing court order.
From June 2025, Australian family law changed the way courts in most jurisdictions deal with family pets in property settlement. Pets are no longer treated as just another piece of property. Instead, they are recognised as “companion animals” – a special category with rules that reflect their role in family life.
A Binding Financial Agreement is a legal contract that sets out how a couple’s assets, liabilities, superannuation entitlements and financial resources will be divided if they separate or divorce. While a BFA is generally binding, there are some circumstances where it can be challenged or overturned by a court.
Sometimes, people involved in a family law matter may be unable to represent themselves due to age, incapacity or disability. In these circumstances, a litigation guardian (or often referred to as a case guardian) may be appointed.
While many people assume that court is the only way to resolve family law disputes, arbitration is another option and increasingly becoming more popular.
Before you can take your family law dispute to court, you must fulfil certain “pre-action procedures” to show the courts you have made a genuine effort to resolve your dispute before commencing proceedings.
If your communications with the other side start to get messy or out of control, sometimes there is panic and people can be tempted to covertly and secretly record conversations. It’s important to know that there are legal limitations as to whether those recordings can or will be considered in Court and whether they were legally taken at all.
When a property settlement has been finalised after separation, the parties’ financial relationship ends on a full and final basis. However, there are some instances where the Court may set aside a property settlement in order to re-assess and possibly vary the outcome.
At the time of separation, parties can often “reach agreement” verbally on a number of family law issues. But what if one party changes their mind as time passes? Is that original verbal agreement binding or should it be formalised?
To finalise separation from your partner, there are a number of issues that should be considered and addressed over and above obtaining a Divorce Order (if you were married) or simply moving on with your life if you were in a de facto relationship.
Financial Agreements signed on the “way to the church” run the risk of the financially weaker spouse arguing at a later date they were pressured into signing the financial agreement, or else the wedding would not proceed. The agreement would then be subsequently declared invalid.