Insights
Unlocking Financial Security: The Power of Binding Financial Agreements
In the world of love and commitment, there's one thing we all hope for – the blissful promise of 'happily ever after.' But as we navigate the complexities of relationships, we must also be prepared for unforeseen challenges and twists in the journey. That's where a Binding Financial Agreement (BFA) comes into play – a financial safety net that can provide certainty and peace of mind for your future.
Consent Orders or Financial Agreements?
There are two options open to the parties to a property settlement. They can either enter into a binding financial agreement, or have the Court make consent orders.
But what is the difference?