Worried about the Financial fallout after Separation?

Given the reality that nearly a third of marriages end in divorce, it’s important to be aware of the financial fallout after divorce. Family Lawyers Perth can help you approach the situation in a systematic manner and this helps reduce the trauma and stress. Once the partners make a decision to end a relationship, the process can be a long, complex and tedious one. It’s always a good idea to have a valid BFA (Binding Financial Agreement) in place. Even if you do have a BFA to refer to, you may wish to seek competent legal guidance to help you negotiate the best terms. According to the Australian Family Act of 1975, a pre-nuptial agreement (like a BFA) will contain rights, responsibilities of each partner which makes it easier to move forward towards amicable and speedy solutions.

Confusions and altercations often result in long-drawn court battles that lead to steep expenses and prolonged stress. Divorce is one of the most traumatic events and it pays to have experienced assistance on your side. It’s natural to feel anxious about such a big change in your life and the attendant feelings of insecurity. The process of divorce involves planning for short-term as well as long term. Moreover, proceedings are often fuelled by anger and resentment and take much longer to resolve. A family lawyer can help you understand your situation and approach matters in a logical manner.