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What Is A Separation Agreement?

A Separation Agreement, also known as a Deed of Separation, is an agreement between a divorcing or separating couple in the form of a legal contract. It can be drawn up by any couple in England, Wales, or Northern Ireland when considering filing for divorce.

The document records the future arrangements concerning issues such as the division of assets and debts, child support, access to children, and spousal support.

The agreement is personalised to each individual couple, whether married or cohabiting and aims to set out who will take on certain financial responsibilities such as paying the mortgage, rent, and household bills in the event of a separation.

Issues usually included in a deed of separation are like those addressed in the divorce process itself and having a separation agreement can help avoid the need for court proceedings at a later stage when filing for divorce.

This article will explore when you should consider getting a deed of separation and its benefits, as well as what you can and should include within it.

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