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Binding Financial Agreement (BFA / Section 90C / 90D)

A Binding Financial Agreement is a private contract made under the Family Law Act ss 90C/90D (married) or 90UC/90UD (de facto). Settles property and/or spousal maintenance without going near a court. Useful if you want privacy or speed — but the formal requirements are strict and a defective BFA can be set aside.

Official source

fcfcoa.gov.au

Related topics

binding financial agreement · bfa · section 90c · section 90d · private settlement · independent legal advice · family law · property settlement agreement · spousal maintenance contract · de facto financial agreement · family law settlement · avoid court divorce · private property split · marriage separation agreement · financial settlement without court · section 90uc · section 90ud · family dispute resolution · property settlement · consent orders

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