Call Us - 1800 608 088

Financial Agreement for Separating Couples in W.A.

Use this Financial Agreement is you live in Western Australia and you're separating from your defacto partner.

It’s never easy to end a long term de facto relationship and there is often much emotional and financial fallout as the couple negotiate the separation process.

Even though de facto couples are not required by law to formally document the end of the relationship, it’s a good idea to tie up loose ends.  If you don’t put your arrangements in writing, you can leave the door wide open for either party to make a future application to the Family Court for financial orders, essentially taking a second bite of the cherry.

What if we’re still living under the same roof?

It’s useful to know (especially in these tough financial times) that even though most separated couples live apart in separate residences, the Act does provide for a couple to be classed as separated whilst still living together under the one roof.  This means you can settle property matters quickly and move on, without worrying about what might happen in the future.

Be in Control of the Process

A Binding Financial Agreement, is a simple and convenient way to formalise the end of a de facto relationship, at least from a financial perspective.

It allows you to document what you think would be a fair and reasonable property settlement instead of leaving that decision up to the courts.

Our Property settlement kit deals with all the usual issues you may face when dividing financial resources, such as ownership of real estate, personal property (cars, furniture, etc), superannuation entitlements, shares, debt, spousal maintenance etc.

Matters relating to children are best resolved by mutual agreement in separate documents, such as a Parenting Plan or Child Support Agreement. We explain why in these FAQ’s.

Some of these issues may seem a little daunting at first, but given the right template to start, some sample clauses and a little guidance, you will be surprised how straight forward it actually is.

Common property settlement issues include:

  • whether one party will pay financial support (spousal maintenance) to the other, which would be in addition to child support;
  • how to deal with savings, share portfolios, and other investments;
  • how to deal with future windfalls or an inheritance;
  • how to determine who retains ownership of furniture and household goods if agreement cannot be reached;
  • clarifying who is responsible for certain debts or liabilities;
  • clarifying ownership or control of family businesses, companies and trust accounts.

This Video explains how our system works

Easy to Use Defacto Separation Agreement Kit

The Kit includes everything you need to draft a binding Separation Agreement PLUS it gives you access to the Fixed price Legal Advice that you must obtain to finalise your Agreement.

Financial Agreement Kit

$147.00 inc. GSTAdd to cart

At $147 Our Separation Property Settlement Kit includes:

  • the Separation Agreement template - written in plain English;
  • a Comprehensive User's Guide which answers most property settlement questions;
  • access to the Exclusive Members area which takes you through the process step-by-step;
  • Sample agreement - so you know what the completed agreement should look like;
  • Sample clauses - help you to tailor the document to your own situation - just cut and paste!;
  • a Bonus Will kit because you often need to update your Will after separation (worth $24.95)
  • Complimentary Separation Agreement assessment - we check your draft agreement to ensure it's ready for the lawyers and the mandatory Legal Advice. This is how we save you thousands of dollars in legal fees.
  • Access to fixed price Legal Advice so you can get your agreement certified without spending a fortune.
  • The Kit comes with our 30 day money back guarantee, and If for any reason you are not completely satisfied with your purchase, simply phone our office within (30) days and we will rectify the problem, or issue a refund.

Compare the legal alternatives

If you’ve already done your homework you will know that instructing a lawyer to draft an agreement for you from scratch could cost you literally thousands of dollars.

By the time you add up multiple visits to your lawyers office at over $350.00 per hour plus the time off work and travelling, it doesn’t take long to see where your money goes.

We understand that most people can’t afford to fork out thousands of dollars to finalise a property settlement. Every dollar you save in legal fees is a dollar you keep.

$147.00 inc. GSTAdd to cart

Easy 5 Step Process

5 step process

Why do you need to get Legal Advice?

You need to get legal advice before a financial agreement becomes legally binding because it is required under the Family Law Act.

The Legal Advice acts as your safety net to ensure you understand your rights and how the agreement affects you.

We can help you meet this requirement without spending a small fortune in legal fees.

Excerpt from Separation Agreement

Defacto Separation Agreement for W.A

Sample 1 of the separation agreement. The grey boxes indicate where you add your personal information.

Sample 2 of W.A. Separation Agreement for defacto couples

$147.00 inc. GSTAdd to cart