The idea of a “pre-nup” has traditionally been considered a romance killer, a reflection of a lack of commitment by at least one of the parties to a marriage, or subject to the Hollywood stereotype of a rich old man marrying a gold-digger. In Australia the “pre-nup” is called a “Binding Financial Agreement”.  The  amendments to the Family Law Act 1975 extend Binding Financial Agreements to those in a de facto relationship. Increasingly in Australia traditional perceptions are giving way to the acknowledgement that a Binding Financial Agreement is a practical solution to the reality of the statistics regarding the number of marriages that end in divorce.  More than that, a Binding Financial Agreement accommodates the complexities arising in blended families where people are entering into their second and subsequent relationships with property from their previous relationships. Coping with the emotional pain, stress and turmoil of a relationship breakdown can be made…

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