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VIDEO · 03 FEBRUARY 2022

How do I protect my wealth from my partner?

Cooper Grace Ward
Cooper Grace Ward
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Cooper Grace Ward

Cooper Grace Ward

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This family law video provides top tips for protecting your finances from your partner.

AustraliaFamily and Matrimonial
Justine Woods
Justine Woods
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In this video, CGW family lawyer Tiana Harris talks us through her top tips for protecting your finances from your partner.

VIDEO TRANSCRIPT

Hi, I'm Tiana and I'm a lawyer in the family law team at Cooper Grace Ward.

A question we get asked often, particularly by young professionals, is how do I protect my finances from my partner? The first answer is that you should enter into a binding financial agreement if your partner agrees to sign such an agreement. A financial agreement is the highest that the law has to offer in terms of protecting your assets.

If your partner does not agree to sign a binding financial agreement, the next tip is to keep your income and assets completely separate throughout your relationship. Just because you've been married or are in a de facto relationship does not mean that you are automatically entitled to a property settlement. To keep your income and your assets separate you can do things like maintaining sole bank accounts,

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© Cooper Grace Ward Lawyers

Cooper Grace Ward is a leading Australian law firm based in Brisbane.

This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please contact Cooper Grace Ward Lawyers.

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