Separation Agreement
A written contract between spouses outlining terms for property division, support, custody, and other matters during or instead of divorce.
Understanding Separation Agreement
A separation agreement is a comprehensive document that can address nearly every issue in a divorce: asset division, debt allocation, spousal support, child custody, and insurance. When both spouses agree on all terms, the agreement can be submitted to the court and incorporated into the final divorce decree. This avoids a contested trial and gives both parties more control over the outcome. Each spouse should have their own attorney review it before signing.
Real-World Examples
They negotiated a separation agreement covering custody, the house, and three years of alimony.
Related Terms
A formal agreement between both parties on specific issues in the divorce, submitted to the court for approval.
Settlement ConferenceA court-supervised meeting where both parties and their attorneys attempt to negotiate a resolution before trial.
Uncontested DivorceA divorce where both spouses agree on all terms including property, custody, and support, requiring no trial.
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This definition is provided for educational purposes only and does not constitute legal advice. Divorce laws and terminology may vary by state and jurisdiction.
Always consult a licensed attorney in your area for advice specific to your situation.