Tax Breakfast Seminar – ‘Til Death Do Us Part… Using Binding Financial Agreements as Asset Protection

“Have you considered a Binding Financial Agreement?” As an accountant or financial adviser, how many times have you asked your clients this question?

Whilst it seems like a simple question, it is also a particularly important one. Charged with protecting your clients’ assets, a Binding Financial Agreement (BFA or prenuptial agreement) may be one of the single most effective tools you can use to minimise potential risk to an asset pool and protect a business.

At our next Tax Breakfast Seminar in Parramatta, Karina Ralston,  Principal/Director and Accredited Specialist with Coleman Greig’s Family Law team, will focus on the four key scenarios in which a BFA can protect your clients. She will look at how you can use a BFA successfully to:

• Protect the assets of couples entering into their second (or subsequent) relationship;
• Family Court-proof a loan or gift to a family member who is the process of separating;
• Ensure parents can preserve their child’s inheritance if the child’s relationship is breaking down and is involved in a family law dispute;
• Protect a family business or property that is being passed down to the next generation; and,
• Protect investors in a business or other third parties from disclosing documents in respect of the business in the event of separation.

Don’t miss this opportunity to learn how you can help your clients to successfully use a BFA to protect their assets – plus earn CPD points!