What Is an Agreement between Married Parties to Live Apart Called
When a married couple decides to separate but not divorce, they may enter into a legal agreement known as a “separation agreement” or “marital separation agreement.” This document outlines the terms and conditions of the separation, including how assets and debts will be divided, child custody and support arrangements, and spousal support (also known as alimony).
A separation agreement can be beneficial for both parties, as it allows them to establish clear boundaries and expectations during the separation period. It can also help prevent disputes and misunderstandings down the line, as it provides a written record of their agreement.
In some cases, a couple may choose to live apart without a formal separation agreement in place. While this is certainly possible, it can lead to complications if one party decides to seek a divorce. Without a separation agreement, there may be confusion over property division, spousal support, and other important issues.
It`s worth noting that a separation agreement is not the same thing as a divorce decree. A separation agreement is a contract between two parties, while a divorce decree is a court order that formally ends a marriage.
If you`re considering a separation, it`s important to work with an experienced family law attorney to ensure that your rights are protected and that your agreement is legally sound. With the right guidance and support, you can successfully navigate this challenging time and move forward with confidence.