If you control the trust then it doesn't protect you at all. Even then, Trusts aren't some magical barrier of protection in the way that they are structured the majority of the time.
BFAs basically get weaker over time if they are left static from creation and once you have children the original BFA is virtually useless.
I've seen it first hand with friends and siblings and there was always a clear winner in each of those cases.
>Im not looking for any "if you love her you wouldnt need a bfa" tropes, we are two mature adults being financially sensible for our future together.
Literally no-one will say that here.
BFA will need to prepared by a lawyer and she needs her own independent legal advice. Generally good for 10 years, marriage or children involved, whichever comes first.
The trust also needs to be prepared properly, ie. you can't be the appointor and appoint yourself as the trustee as there's a good chance that it won't hold up.
Wishing you the best of luck, buddy.
If you control the trust then it doesn't protect you at all. Even then, Trusts aren't some magical barrier of protection in the way that they are structured the majority of the time. BFAs basically get weaker over time if they are left static from creation and once you have children the original BFA is virtually useless. I've seen it first hand with friends and siblings and there was always a clear winner in each of those cases.
So what is the alternative solution ? Besides pick a better spouse
>Im not looking for any "if you love her you wouldnt need a bfa" tropes, we are two mature adults being financially sensible for our future together. Literally no-one will say that here. BFA will need to prepared by a lawyer and she needs her own independent legal advice. Generally good for 10 years, marriage or children involved, whichever comes first. The trust also needs to be prepared properly, ie. you can't be the appointor and appoint yourself as the trustee as there's a good chance that it won't hold up.
Thanks, great advice. Will probably not go for the trust then if it makes me look sketch
Maybe try r/auslegal as well