A written divorce agreement is legally required in Canada to formalize separation terms and protect both parties’ rights.
A written divorce agreement, also known as a separation agreement or divorce settlement, is an essential legal document that outlines the terms and conditions of your divorce. This formal contract helps prevent future disputes and ensures both parties clearly understand their rights and obligations.
The agreement typically covers:
- Property division and asset distribution
- Child custody and parenting arrangements
- Spousal support and child support payments
- Pension and retirement benefit allocation
- Division of shared debts and liabilities
Once signed and witnessed, this agreement becomes legally binding when filed with the court, providing a formal framework for your post-divorce relationship and responsibilities.