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Marriage Financial Agreement
"I need a Marriage Financial Agreement for a couple planning to marry in March 2025, where one party owns multiple business interests in Australia and Singapore, and we need strong provisions for business asset protection and international property."
1. Parties: Identification of both parties entering into the agreement, including full legal names, addresses, and occupations
2. Background: Context of the agreement, including the parties' intention to marry or their married status, and their desire to determine financial matters
3. Definitions: Definitions of key terms used throughout the agreement
4. Independent Legal Advice: Declarations that both parties have received independent legal advice about the agreement's effects and advantages/disadvantages
5. Separation of Property: Core provisions detailing how property is to remain separated or be divided
6. Financial Support: Terms regarding any ongoing financial support or explicit waiver of such support
7. Disclosure Obligations: Statements confirming full financial disclosure by both parties
8. Binding Nature: Clear statement that the agreement is intended to be binding and requirements under s90G of the Family Law Act
9. Termination and Amendment: Circumstances under which the agreement can be terminated or amended
10. Severability: Provision stating that if any part is invalid, remainder continues in force
11. Governing Law: Specification that the agreement is governed by Australian law
12. Execution: Formal execution provisions including signing requirements
1. Children's Matters: Optional section dealing with financial arrangements for existing or future children (note: cannot be binding for future child support)
2. Business Interests: Specific provisions for handling business assets and interests, used when either party owns a business
3. International Assets: Special provisions for international property or investments, used when parties have overseas assets
4. Inheritance and Gifts: Specific treatment of inherited or gifted assets, particularly important for family wealth preservation
5. Superannuation Splitting: Detailed provisions for superannuation interests, required if superannuation splitting is intended
6. Death Benefits: Provisions regarding life insurance and death benefits, important for estate planning purposes
7. Cultural or Religious Requirements: Special provisions addressing specific cultural or religious requirements regarding property or financial matters
1. Schedule A - Assets and Liabilities of First Party: Detailed list of all assets and liabilities of the first party at the time of agreement
2. Schedule B - Assets and Liabilities of Second Party: Detailed list of all assets and liabilities of the second party at the time of agreement
3. Schedule C - Joint Assets and Liabilities: List of any existing joint assets and liabilities
4. Schedule D - Certificates of Independent Legal Advice: Signed certificates from each party's legal representative confirming independent legal advice
5. Schedule E - Superannuation Interests: Details of superannuation interests of both parties
6. Schedule F - Business Valuations: Any relevant business valuations or appraisals
7. Appendix 1 - Financial Disclosure Statements: Detailed financial disclosure statements from both parties
Authors
Legal Services
Financial Services
Family Law
Wealth Management
Estate Planning
Professional Services
Banking
Insurance
Legal
Private Client Services
Wealth Management
Risk & Compliance
Document Processing
Advisory Services
Family Law Practice
Estate Planning
Family Lawyer
Legal Counsel
Private Client Advisor
Wealth Manager
Estate Planning Attorney
Financial Advisor
Legal Document Specialist
Compliance Officer
Risk Management Officer
Private Banking Manager
Family Office Manager
Trust Officer
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