How Much Does it Cost?

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How Much Does it Cost? 2017-07-17T10:20:25+00:00

How much does a pre-nuptial agreement cost?

Geoff Wilson from HopgoodGanim Lawyers provides this response:

Generally, an uncomplicated agreement should cost each of you between $5,000 to $10,000. Please note each of you will need to be separately represented. If there are complexities (eg companies or trusts are involved) than you should expect to pay at least $10,000 – $20,000. I warn you about trying to cut corners. If the agreement does not comply with the strict requirements of the Family Law Act, or sufficient attention has not been given to the content of your agreement and how you intend to divide your property in such a way as to limit the potential challenges available to set aside your agreement, then you will have arguably wasted your time and money with the document entered by you. It may not be worth the paper it is written on.

I often retort to people who consider entering agreements to be unromantic and divisive and a breach of the trust in a relationship, but there is nothing quite as unromantic as a bitterly contested property settlement at the back-end of a relationship where the costs alone for each party could run between $50,000 to $100,000 (at least) if the matter ultimately proceeds to trial.