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What is a financial agreement?
Credit: Getty Images. Inset:Thirumalai Selvi Shanmugam
Financial agreements are a means for couples to opt out of the court’s jurisdiction to deal with financial matters (i.e. property settlements and spousal maintenance), and instead enter into a type of contract for the division of assets and spousal maintenance. Melbourne-based family lawyer and solicitor Selvi Thirumalai explains about this in detail.
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