If you and your spouse have decided to end your marriage, it’s important to have a basic separation agreement in place. A separation agreement is a legal document that outlines the terms of your separation, including property division, alimony, child custody, and support.
Although you can hire a lawyer to draft a separation agreement for you, it’s possible to create a basic template on your own. Here’s a guide on how to do it:
1. Start with a title. Your separation agreement should be titled “Separation Agreement” followed by your names and the date of the agreement.
2. Define the terms. The first section of your separation agreement should define the terms of your separation. This includes the date you separated, the reason for the separation, and whether you plan on getting a divorce.
3. Property division. This section outlines how you plan on dividing your assets and debts. Be sure to include details such as bank accounts, stocks, real estate, and personal property.
4. Alimony. If one of the spouses is entitled to alimony, this section should outline the terms of the payment. This includes the amount, the frequency of payments, and the duration of the payments.
5. Child custody and support. If you have children, this section should outline the terms of child custody and support. This includes who will have physical custody of the children, the visitation schedule, and the amount of child support to be paid.
6. Signatures. Once you’ve outlined the terms of your separation, both spouses should sign the agreement in the presence of a notary public.
It’s important to note that a basic separation agreement may not cover all of the details of your separation. If you have complex financial or custody issues, it’s best to hire a lawyer to help you draft a more detailed agreement.
However, a basic separation agreement template can be a useful starting point for couples who are looking to end their marriage amicably and without legal complications. Be sure to review your agreement carefully and seek legal advice if you have any questions or concerns.