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Binding Financial Agreement (pre-nup) Adelaide

Discussion in 'Legal Issues' started by R377, 20th Oct, 2015.

  1. R377

    R377 Well-Known Member

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    Can someone plz recommend a good lawyer in adelaide that does Binding Financial Agreement (pre-nup)
     
  2. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    I am using Welden and Colucio Lawyers at the moment and have been happy with their service. They are in Prospect.

    http://welcolawyers.com.au/
     
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  3. thatbum

    thatbum Well-Known Member

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    What are you trying to do with the BFA? Are you sure you need one?
     
  4. R377

    R377 Well-Known Member

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    They just wanted $10k to do one ?
     
  5. Scott No Mates

    Scott No Mates Well-Known Member

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    What's it going to cost you if you don't and things go pear-shaped?
     
  6. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Is that a question? Or did they quote you $10k. I would have estimated around $5k upwards.
     
  7. thatbum

    thatbum Well-Known Member

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    Also, for bigger and more complex asset pools, I'd guess more than $5k. $10k might be reasonable.

    Its certainly not just a simple "draw up a contract" type of legal work.
     
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  8. R377

    R377 Well-Known Member

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    I got quoted $10k and they were not really sure how well it would hold up in court (one of theirs got over ruled in court) I also got quoted $2.5k from another firm (recommended by lawyer who did my will)
     
  9. D.T.

    D.T. Adelaide Property Manager Business Member

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    How do you know the latter (or any) will hold up in court in Australia?
     
  10. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    It will all depend on the situation, how it is drafted, what is included, what left out and the circumstances. The most perfect agreement can be useless if there is undue influence, fraud, non dislosure etc.

    I reviewed one for a client recently. "crap" is the only way to describe the document. He didn't disclose all his assets for starters, so it was invalid on that basis, and there were many other aspects not included such as an expected inheritance. He was charged $2200.
     
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