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“Binding” financial agreements - Will these amendments get it right? paper

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DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 12 Nov 15 by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • financial agreements: A background
  • amendments to BFA’s from 2000 - 2010
  • setting aside a financial agreement
  • the proposed amendments
  • maintenance obligations
  • continuation of spousal maintenance for remarriage; commencement of new de facto relationships and death
  • third parties.

Author profile

Andrew Davies
Andrew graduated from the University of Western Australia with a B. Juris and LLB and was subsequently admitted to the Supreme Court of Western Australia and the High Court of Australia. Andrew has been practising Family Law for over 40 years and is an accredited Family Law Specialist. He is also a nationally accredited mediator, a fellow of the International Academy of Family Lawyers (IAFL), former Chair of the Family Law & Family Rights Section of Law Asia and Chair of Australian Institute of Family Law Arbitrators and Mediators (AIFLAM). Andrew also serves as a committee member of STEP (WA) and is the highest ranked Perth family lawyer on a National scale. - Current at 23 January 2020
Click here to expand/collapse more articles by Andrew DAVIES.

 

This was presented at Estate Planning Day .

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“Binding” financial agreements - Will these amendments get it right?

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