Hi, I am in the process of purchasing an investment property. Once purchased my partner and I plan to move into a rental property. We are thinking of signing a legal financial agreement to protect each other's assets before we move in together. What stage is the earliest this can be done? Can it be done before I actually own the property?

Thanks.

Hi Robson,

You should consult an accountant (for asset protection structure advice) & financial planner as well as a lawyer. The best place to start is with your personal wills. This should be updated every time your asset position changes. You can also speak to a lawyer about an additional agreement (somewhat like a pre nuptial agreement). However, there may be some limitations for assets not yet purchased. It’s worth speaking to an accountant about structures before you purchase the property.