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Once you are permanently separated, you are no longer responsible for any debts that your spouse incurs.Similarly, you’re no longer entitled to any share of property or income that your spouse acquires or earns.Because it can significantly affect how your property and money are divided, the date of permanent separation is sometimes hotly contested in a divorce.
Note that if you and your spouse agree on a resolution to all of the main issues in the sample separation agreement prior to meeting with your attorneys, you may pay less in attorney's fees.Because certain problems have developed between Spouse 1 and Spouse 2, they hereby agree to live separately and apart, subject to the terms and conditions as set forth below. Spouse 1 and Spouse 2 have made a complete, fair, and accurate disclosure to each other of all financial matters affecting this agreement. Spouse 1 and Spouse 2 have each been advised and counseled by attorneys of their choosing regarding their legal rights as related to this agreement. This agreement is intended to be a final disposition of the matters addressed herein and may be used as evidence and incorporated into a final decree of divorce or dissolution. Should a dispute arise regarding the enforcement of this agreement, the prevailing party will be entitled to their reasonable costs and attorney's fees. Custody and Visitation The children of this marriage are: C.Child Support Spouse 1 will pay to Spouse 2 the amount of $_____________ each and every ____________ (week, month, etc.) as and for child support.This might be a possibility in less complicated separations, such as those stemming from a short-term marriage with no children. Still, some consumers will need to get an actual legal separation agreement customized for their particular state.SEPARATION AGREEMENT _________________, hereinafter referred to as "Spouse 1," and _________________, hereinafter referred to as "Spouse 2," hereby agree to the following: A. Spouse 1 and Spouse 2 were lawfully married on ____________, ______, at ______________ (city), _____ (state), in the County of ________________.