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Financial Agreement Divorce
"I need a Financial Agreement Divorce document for an Australian couple with shared business interests, including a family retail company with three locations and significant intellectual property, to be finalized by March 2025."
1. Parties: Formal identification of the former spouses entering into the agreement
2. Background: Details of marriage, divorce order, and context for the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation clauses
4. Operative Date: Specifies when the agreement takes effect
5. Division of Property: Comprehensive details of how all property is to be divided
6. Financial Obligations: Details of any ongoing financial obligations or cessation thereof
7. Superannuation Splitting: Arrangements for division of superannuation interests
8. Mutual Release and Discharge: Mutual releases from future claims
9. Tax Implications: Acknowledgment and handling of tax consequences
10. Implementation: Timeframes and mechanisms for implementing the agreement
11. Independent Legal Advice: Certificates and acknowledgments of independent legal advice
12. Severance: Provisions for severing invalid clauses while maintaining remainder
13. Governing Law: Specification of applicable law and jurisdiction
14. Costs: Assignment of legal and other costs related to the agreement
15. Execution: Formal execution provisions and signing requirements
1. Ongoing Business Arrangements: Required when parties maintain shared business interests post-divorce
2. Child Support Acknowledgment: Include when referencing existing child support arrangements
3. Future Property: Include when addressing treatment of future-acquired assets
4. Intellectual Property Rights: Required when dealing with shared IP or business names
5. Confidentiality: Include when parties wish to maintain privacy about agreement terms
6. Dispute Resolution: Optional mechanism for resolving future disputes
7. Insurance Policies: Include when addressing life, health, or other insurance arrangements
8. Death and Estate Provisions: Include when addressing impact on wills and estates
9. Social Media and Privacy: Include when specific provisions about social media conduct are needed
1. Schedule A - Assets and Values: Comprehensive list of all assets with agreed values
2. Schedule B - Liabilities: List of all debts and liabilities with current balances
3. Schedule C - Superannuation Interests: Details of all superannuation accounts and agreed splits
4. Schedule D - Business Interests: Details of any business interests and their agreed treatment
5. Schedule E - Bank Accounts: List of all bank accounts and their disposition
6. Schedule F - Personal Effects: List of significant personal items and their allocation
7. Appendix 1 - Legal Advice Certificates: Signed certificates of independent legal advice
8. Appendix 2 - Supporting Valuations: Professional valuations of significant assets
9. Appendix 3 - Tax Opinions: Any tax advice obtained regarding the agreement
10. Appendix 4 - Divorce Order: Copy of divorce order confirming eligibility for Section 90D agreement
Authors
Legal Services
Financial Services
Banking
Real Estate
Wealth Management
Insurance
Professional Services
Property Management
Business Advisory
Family Services
Legal
Compliance
Risk Management
Financial Advisory
Wealth Management
Property Services
Document Processing
Client Services
Dispute Resolution
Contract Administration
Family Lawyer
Legal Counsel
Divorce Attorney
Financial Advisor
Wealth Manager
Estate Planner
Property Lawyer
Mediator
Settlement Officer
Legal Executive
Paralegal
Contract Manager
Risk Manager
Compliance Officer
Family Court Registrar
Business Valuator
Property Valuator
Financial Controller
Tax Advisor
Superannuation Consultant
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