A prenup in Australia is called a Binding Financial Agreement. Learn how BFAs work, when couples use them, and why independent legal advice matters.
Prenups in Australia: What Is a Binding Financial Agreement? Many people think a “prenup” is only for wealthy couples. In Australia, a prenup is more commonly known as a Binding Financial Agreement, or BFA. It can be used by couples who want clarity about property, assets, debts, and financial arrangements if their relationship ends. At…