A separation agreement is a contract between two spouses. It’s a good option when there is little or no conflict between the spouses and there is general agreement on the big issues, such as child custody, parenting and access.
Get legal advice from an experienced Family Law lawyer before signing a Separation Agreement. This is vital because an improperly drafted Separation Agreement may be rejected by the Courts because:
- It is not in the best interest of your children
- The terms are unfair for one spouse
- The assets and liabilities of a spouse were not disclosed
- It wasn’t signed with a lawyer
Don’t rely on a template separation agreement. There is too much at stake and the consequences of a single error or omission can be severe. Moreover, most template Separation Agreements are not even legally binding.
You can amend or end a Separation Agreement at any time. But once again, it’s best to get legal advice before you make any significant changes.