The separation agreement will be tailored to your individual needs and circumstances, so it can cover anything you want. However, the focus is going to revolve around the protection of your finances.
Most couples who are are planning to separate usually wish to cover the following elements:
– How their property, including any homes, should be divided among them. – How they will handle money held in joint custody, as well as any properties that were bought together. – How debts will be handled. – Whether either of them will pay or receive any maintenance and for how long. – Finally, arrangements for children can be one of the most difficult issues in a family’s separation. Issues such as where they will live and when they will see their parents will also need to be resolved.
The separation agreement can cover a wide range of issues, just make sure to include all the important details, like who gets to keep the cat.