Legally Binding Separation Agreements & Consent Orders
Going through a separation can be an emotional and stressful time. Ensuring your financial and parenting arrangements are legally secure is essential for peace of mind and future stability. At Robbins Watson Solicitors, our experienced Gold Coast family lawyers help clients formalise their separation agreements through Binding Financial Agreements and Consent Orders, providing clarity and legal protection.
What is a Binding Financial Agreement?
A Binding Financial Agreement is a legally enforceable contract that outlines how assets, debts, and financial resources will be divided after separation. It can be created before, during, or after a relationship and helps protect both parties from future financial disputes.
Key Benefits of a Binding Financial Agreement:
- Provides certainty over asset and debt division
- Does not require court proceedings
- Tailored to your specific financial situation
- Avoid stamp duty and minimise capital gains tax on the transfer of real estate
- Legally binding under the Family Law Act 1975
What is a Consent Order?
A Consent Order is a legal document approved by the Family Court, which formalises parenting and property agreements reached between separating parties. Unlike a Binding Financial Agreement, a Consent Order is reviewed by the court to ensure fairness and compliance with family law principles.
Key Benefits of a Consent Order:
- Court-approved and legally binding
- Covers property settlements and parenting arrangements
- Enforceable if one party fails to comply
- Avoids lengthy litigation and legal costs
- Avoid stamp duty and minimise capital gains tax on the transfer of real estate
Do I Need a Lawyer for Binding Financial Agreements & Consent Orders?
For a BFA to be legally valid and enforceable, both spouses must obtain independent legal advice as to:
- Their rights and obligations under the agreement
- The advantages and disadvantages of entering into the agreement
While you can prepare and file consent orders without solicitor involvement, seeking professional legal advice ensures you do not agree to a unfair settlement and increases the likelihood they will be approved by the Court.
Mistakes or omissions can result in delays, future disputes, financial loss, or court intervention. Our experienced family lawyers will:
- Review your agreement to ensure compliance with family law
- Provide tailored legal advice based on your circumstances
- Draft, negotiate, and finalise your Consent Order or BFA
- Handle court applications for Consent Orders
Get Expert Legal Advice Today
If you’re considering a Separation Agreement or Consent Order, don’t leave your future to chance. Contact Robbins Watson Solicitors today to schedule a free initial consultation with one of our experienced family lawyers.
To book an appointment, you can:
- Call us on 07 5576 9999
- Book an appointment online by clicking here
- Fill out our online enquiry form by clicking here
Alternatively, you can get started online now and receive a free personalised welcome pack in minutes.