Second relationship - unsure if you need a Family Trust or Contracting

Out Agreement?

Take this 90-second assessment to see what may be suitable for you.

No jargon. Just immediate guidance and a FREE 30-minute consultation to discuss your results.

A Family Trust can protect your assets - but only if it fits your situation.

Family Trusts are great tools for holding and distributing wealth - but they're not for everyone. They can protect your assets from creditor claims, avoid probate and they give you control over how your legacy is passed on.

But if set up for the wrong reasons or at the wrong time, they can be unnecessary, void and cause potential tax consequences.

What is a Contracting Out Agreement?

A contracting out agreement, often referred to as a prenuptial or postnuptial agreement, is a legal document that allows couples to opt out of the automatic provisions of the Property (Relationships) Act 1976.

This type of agreement is particularly useful for individuals entering a new relationship who want to protect their assets from previous partnerships and avoid the standard 50/50 division of property in the event of separation.

For those with significant assets from a prior relationship, a contracting out agreement can safeguard these assets from being included in any division of property. This is crucial for individuals who want to ensure that their investments, inheritances, or properties remain secure.

To make a contracting out agreement binding, both parties must have independent legal advice before signing. Once in place, these agreements are difficult to overturn making them a reliable means of asset protection.

Unsure if a Trust is right for you?

This quick assessment will help you:

See if your situation would benefit from a Trust
Avoids uncertainty
Get a tailored next step (with no pressure to commit)

START RISK ASSESSMENT

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Protect your Assets & Family

with a Family Trust

Unsure, if you need a Family Trust? Take This FREE 90-Second Assessment To Find Out.