From cgw.com.au: Justine Woods discusses the critical role of timing in binding financial agreements, highlighting the case of Quincey where an agreement was signed after years of a strained marriage, ultimately leading to litigation.
The court found the agreement was not binding due to lack of appropriate legal advice and inadequate disclosure of financial assets.
Woods emphasizes that proposing such an agreement later in a relationship can cause further deterioration and should be approached with caution.