You may have heard of people asking for ‘prenups’ from discussions with friends, in the news, in movies or even songs, as Kanye West so famously sung ‘we want prenup, we want prenup, yeah!’. So, what is a prenup? Are prenups legal in Australia? How can you ensure your...
We see a lot of what are known as pre-nuptial and post-nuptial binding financial agreements drafted by other lawyers, often using ‘boiler-plate,’ clauses many of which are non-compliant with the Family Law Act and likely to be set aside, if they were subject to...
The High Court’s decision in Thorne and Kennedy (2017) HCA 49 has put prenuptial agreements back into the spotlight and will have huge implications for both existing and future prenuptial agreements. Ms Thorne was a penniless young Eastern European woman who fell in...
Oh dear! James Packer and Mariah Carey’s breakup with reported talks of about $6 million annual payments and private jets from their prenup agreements raises the question, ‘is this only for the mega rich?’ The answer is no. A recent article in The Age on the use of...
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