A separation agreement in Ascot is a good, intermediary stage if you are not 100% certain about ending your marriage or dissolving your civil partnership.
A separation agreement is a legal document that sets out your financial responsibilities and arrangements whilst you are separated. It will cover the division of assets, such as who is responsible for paying bills and who will remain in the house.
If you do eventually move on to divorce, the separation agreement can make this process more amicable.
The Benefits of A Separation Agreement
There are several reasons you should look into a separation agreement as a precursor to divorce.
- Whilst it is not legally binding, most courts will uphold a separation agreement, so long as it has been made properly and fairly.
- It shows both of you have acknowledged that the relationship has ended. It also shows the date you consider the relationship ended.
- It is a flexible document, you can choose what to include and what to leave out.
- It can reduce the chances of arguments, as it sets out who is responsible for what.
- You agree that you don’t live together anymore, which means no one can be accused of desertion.
To create a comprehensive separation agreement both partners should be transparent about finances. This will ensure the agreement can’t be challenged down the line. Both partners should be honest about debts, savings, property and investments. Then you can agree on who is responsible for paying what.
How Our Lawyers in Ascot Can Help
You don’t need to instruct legal advice when drawing up a separation agreement in Ascot. However, it is recommended. This is for a few reasons:
- It is a (potentially) legally binding contract that the courts will uphold. So, a lawyer can help you understand what you are signing into.
- A lawyer will let you know if there are any reasons why you shouldn’t sign the document.
- A lawyer will also ensure the document has covered everything it needs to.
- Hiring a lawyer to create the separation agreement means it is more likely to be legally binding.
Our lawyers can help draw up a separation agreement in Ascot.
A relationship that has broken down can cause stress and anxiety. This can be worse when there are arguments over finances or children. At Fitz, we know there is no point dragging on this process, so we aim to work with you to achieve an expeditious and, if possible, amicable settlement.
Whether you require advice about separation, divorce or children matters, our expert lawyers provide realistic advice and guidance, no matter how complicated the issue. Just get in touch to speak with our team.