Binding Child Support Agreements
These types of agreements provide a high level of certainty and finality in relation to child support.
Unlike a limited child support agreement, there is no need for a child support assessment to be in place before entering into a binding child support agreement. The amount payable pursuant to the terms of the agreement can be for less than the child support assessment.
In order to enter into a binding child support agreement each party must obtain independent legal advice as to:
- The effect of the agreement on their rights; and
- The advantages and disadvantages, of your entering into the agreement.