A separation agreement allows both parties to resolve many family law issues including division of the property, child custody and parenting concerns – on a case-by-case basis relevant to the party’s concerns.
In order for a Court to recognize the agreement as legally binding, each party must review the agreement with their own lawyer. Your lawyer will go over the entire agreement with you to ensure you understand the contents of the agreement, before you sign the agreement. Once the review is done, any concerns clarified, you and you lawyer will sign the agreement.
The Intention for Separation Agreements
- A separation agreement is the most efficient and effective method to resolve issues surrounding a separation and divorce
- To draft the agreement, the parties must agree on all issues concerning property, assets and debts
- If there are dependent children, the parties must agree on custody, access and child support
- If spousal support is payable, the parties must either agree on an amount or waive their entitlement
- The primary reason to consult a lawyer is to ensure that your agreement is legally valid and enforceable
- For your agreement to valid, both parties need obtain Independent Legal Advise