What is a Legal Separation Agreement?

What is a Legal Separation Agreement?

A legal separation agreement is actually a contract that formalizes the terms of a separation. it's a legally binding document usually prepared by a lawyer and signed by both spouses.

This agreement is beneficial in providing peace of mind for spouses that the most issues and risks are covered in writing within the event of problems within the future.

A legal separation agreement also can indemnify you from certain liabilities that you simply might face within the case of a more informal separation arrangement while still married.

In many cases, it's the precursor to divorce.

Couples may find that, after 12 months or longer of separation, they not want to stay married.

The legal separation agreement then becomes a useful reference document for the divorce agreement.

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