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What Is A Separation Agreement?

A separation agreement is a contract which, when signed by both spouses and notarized, is binding in the eyes of the law. It outlines the handling of things such as child support and custody, debts, alimony, and assets.

Though a separation agreement does not guarantee that both spouses will act according to the guidelines laid down in the agreement, it does create a document that is legally binding and one spouse can file a breach of contract suit if they perceive the other party to be in violation of the separation agreement.

It is not required that a couple consult a lawyer (or lawyers) when writing a separation agreement, but there are many benefits to consulting a lawyer. Most importantly, since separation agreements are legally binding, they may be used in the divorce process to assist in child custody and support, division of assets, etc. These types of decisions can have huge consequences for you and your family and having the help of a skilled family law attorney can help you determine your specific needs in the separation process.

If you are separating and would like the advantage of professional legal advice from a caring team of lawyers, call Everett Law Firm, P.A. at 919.942.8002 or toll free at 800.942.8048. We look forward to serving your individual needs.