In many relationships one party may come to the relationship with more wealth than the other. Wealth can include property owned by one party before the relationship commenced, a business, superannuation & income. It can also include potential earnings or the ability to make money. Money can caste a long shadow in a relationship and many couples prefer to enter into agreements to protect all or part of their wealth.
Pre-Nuptial Agreements or Binding Financial Agreements (BFA’s) can be especially helpful to couples if one or both of them is bringing significant property into the relationship that they do not wish to lose in the event of separation. This article helps you understand how to deal with existing assets when entering a new relationship.