Prenuptial agreements may be appropriate where:
1. one person has much more property than the other when the relationship began
2. one person is, or may later become, entitled to an inheritance or gift
3. you are moving into a second or subsequent relationship where children from former relationships might need to be protected financially, or
4. you both simply want to make sure the terms of any property division are agreed up front and will not end up in court.
What about de facto relationships?
Since 2009, virtually the same rules apply to de facto relationships as they do to marriages.
Your relationship can be defined as de facto when you are living together on a genuine domestic basis yet are not married to each other or related by family.
Whether or not your relationship is de facto will be determined according to such matters as the length of the relationship, whether you live together, whether you have combined your finances and you have children together.
For further advice contact the team at G&B Lawyers.
Level 11, 65 York
Street, Sydney, NSW 2000
Mail: GPO Box 1849,
Sydney, NSW 2001
M: 0481 287 528
E: info@gandblawyers.com.au
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