Binding Financial Agreements Binding Financial Agreements are drafted to keep matters out of court and thus, negate court costs and keep time and expenditure to a minimum. These agreements determine the division of property, assets, spousal maintenance and financial resources in the event of relationship dissolution. Settling out of court is the optimal solution as it swiftly finalises the separation and divorce if applicable in terms that you both agree to: please see our Arbitration / Mediation / Negotiation section for more information.Due to the amendments made to the Family Law Act in 2001 and 2002, Binding Financial Agreements can be arranged by persons entering into a relationship and thus enforced in the event of relationship dissolution, although in certain … Continue reading Binding Financial Agreements