Damira Hidic featured in Money Magazine: Understanding binding financial agreements

Damira’s interview in Money Magazine discusses the growing importance and use of binding financial agreements (BFAs), previously known as prenuptial agreements, in Australia. With a high rate of divorce and separation among both married and de facto couples, many individuals, often with significant financial histories and children, seek to protect their assets and ensure their financial wishes are respected in case of relationship breakdowns. BFAs help in outlining property distribution, reducing legal costs, and safeguarding wealth, businesses, and inheritance rights. The article details the benefits, legal requirements, and typical scenarios for BFAs, emphasising their role in promoting financial clarity and security in relationships.

Click here to read the article featured in Money Magazine.