No spin. If a question makes you skeptical, that's exactly the one we want to answer properly.
Nope. It's a financial instrument that distributes combined income after a couple separates. It's always live with current income, and it doesn't rely on goodwill or the child support agency. It recognises your situation at the time of a breakup, not when you first met.
Security is for both of you and your children. All of you deserve to live without financial stress. This is just a tool that will allow you to have some confidence if you ever separate. That doesn't bode badly, it just shows you love each other very much right now.
Yes. It's a Binding Financial Agreement under Section 90B of the Family Law Act for married couples (Section 90UB for de facto couples). It goes further than a standard BFA because a third party manages the actual payments, so neither of you has to rely on goodwill or chase it through the courts to get paid.
De facto couples generally need to have been together at least two years, have a child together, or have registered the relationship, for this to apply.
ForBothOfUs recalculates your split every month based on real verified income, not what either of you reports. If the primary caregiver goes back to work, or either of you gets a promotion or a pay rise, that's simply picked up automatically. The split percentage stays the same, only the total grows, and neither of you can hide a pay change from it because it's checked directly against real payroll data, not self reported.
Nothing changes. The duration and split were chosen at signing to reflect what's fair for the time and income actually given up during the relationship, a repartnering clause isn't needed, because a new relationship doesn't undo the years already spent as a caregiver.
Through the ATO's Single Touch Payroll data, checked monthly. That's the same data your employer already reports for tax purposes, not a self-reported figure either partner could inflate or hide.
Both incomes are verified monthly and paid into ForBothOfUs, which combines them and pays each of you your share directly, not a bank mandate either partner could switch off. It runs on the same rails banks already use for scheduled payments, but neither of you controls the payment month to month. No invoicing, no chasing.
We don't fully know. Family law, workplaces, and social norms all evolved separately, and none of them were built with this specific gap in mind. What we do know is that both partners deserve to live well, and that a primary caregiver's contribution should never go unrecognised if a relationship ends.
See what this looks like for you.
See your numbers