A comprehensive separation agreement covers property, support, custody arrangements, and other key legal matters between separating spouses.
A properly drafted separation agreement through mediation should address all essential aspects of the separation to protect both parties’ interests. A legally sound agreement must include:
- Property and Asset Division – Including family home, vehicles, investments, pensions, and shared debts
- Spousal Support – Amount, duration, and terms of payment if applicable
- Child Custody and Access – Parenting schedules, decision-making responsibilities, and holiday arrangements
- Child Support – Payment amounts, special expenses, and medical/dental coverage
- Tax Considerations – Including who claims dependents and how to handle shared credits
- Dispute Resolution – Process for handling future disagreements or needed modifications
The agreement should be written in clear language, include specific dates and amounts, and be reviewed by independent legal counsel before signing to ensure enforceability.