It is never a bad idea to enter a binding financial agreement
before a marriage. It is said to be a wise move for people who wishes to
protect substantial amount of assets, properties and financial resources in
case their relationship breaks down.
If you wish to take BFA, here is a list of requirements for an
effective binding financial agreement.
• The agreement should be in written form and must be signed by both parties• Both parties needs to have legal and financial advices before signing• The legal advisor needs to provide a signed statement to certify that the advice was provided• Both party’s legal advisor should have a copy of the certification.
Author Bio: Charles Deadwood is a fan of Westminster Lawyers - a website that offers legal services and advises for family issues.
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