Document background
A Pre Marriage Divorce Agreement is a crucial legal document for couples planning to marry in Australia who wish to establish clear financial arrangements in advance of their marriage. This type of agreement, governed by Part VIIIA of the Family Law Act 1975, provides certainty and protection for both parties' assets and financial interests. It is particularly valuable for individuals with substantial assets, business interests, expected inheritances, or those entering second marriages with existing financial obligations. The agreement must include comprehensive financial disclosure, receive independent legal advice for both parties, and comply with strict formal requirements to be legally binding. While sometimes viewed as unromantic, these agreements serve as important risk management tools for wealth preservation and can actually strengthen relationships by promoting open financial discussions before marriage.
