Property, money and super
Learn how an agreement can deal with your property, debts, business interests and super.
What Is a Trust, and How Does It Affect a BFA?
A trust is a legal arrangement where a trustee holds assets for the benefit of beneficiaries
6 min read
What Is an SMSF, and How Does It Appear in a BFA?
An SMSF is a self-managed superannuation fund where you are typically both trustee and member
5 min read
What Is a Personal Guarantee, and Does It Need to Be in a BFA?
A personal guarantee is a commitment to repay someone else's debt if they cannot
4 min read
What Is HECS/HELP Debt, and Why Is It in a BFA?
HECS-HELP is a government loan scheme for higher education fees in Australia
4 min read
What Is an ATO Debt, and Why Is It Disclosed in a BFA?
An ATO debt is money owed to the Australian Taxation Office, usually for unpaid income tax
4 min read
What Is Market Value, and How Do You Work It Out for a BFA?
Market value is the price a willing buyer would pay a willing seller when they act independently, without pressure or a special deal
5 min read
What Is a Business Interest, and How Is It Treated in a BFA?
A business interest can be shares, a partnership stake or a business you own. Being a director does not by itself mean you own the business
6 min read
What Does "Owed Money" Mean in a BFA?
"Owed money," or receivables, means money that others owe to you
4 min read
What Is Joint Tenancy vs Tenants in Common?
Joint tenancy and tenants in common are two separate ways to co-own property under property law
5 min read
What Does "Each Keeps Their Own Super" Mean in a BFA?
"Each keeps their own super" is a term in a Binding Financial Agreement (BFA). On separation, you each keep your own superannuation, meaning retirement savings
4 min read
BFAs and Family Trusts: How Trust Interests May Be Treated
A family trust holds assets through a trustee for beneficiaries, the people who may benefit
8 min read
BFAs and Life Insurance: Two Documents That Should Talk to Each Other
A Binding Financial Agreement (BFA) records financial terms for separation. It does not automatically update life insurance
6 min read
Does a BFA Cover Home Renovations One Partner Paid For?
A Binding Financial Agreement (BFA) can record how you treat renovation contributions on separation
7 min read
Does Your Bank Need to Know About Your BFA?
A Binding Financial Agreement (BFA) records financial terms for separation. It is not automatically sent to your bank
6 min read
Transfer duty and Binding Financial Agreements
Property transferred between partners under a Binding Financial Agreement may be exempt from transfer duty, which most people still call stamp duty
5 min read
Superannuation in a Binding Financial Agreement: What a Prenup Can Cover
Yes. Here's how, and why we keep each partner's super separate.
7 min read12 of 16 guides
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