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A separation agreement is a legal document that sets the basis on which separating couples divide their joint assets and responsibilities.
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Pros And Cons Of A Separation Agreement A separation agreement is a legal document that sets the basis on which separating couples divide their joint assets and responsibilities.
Pros Of A Separation Agreement • Both parties agree that you don’t want to live together anymore. Neither of the partner can allege the other of desertion. • It proves that you don’t want to live together and can apply for divorce easily later on. • A separation agreement is always flexible. You can decide what to and what not to include in a separation agreement. • If you have a joint account, a separation agreement decides if both of the parties still have access to that account.
Cons Of A Separation Agreement • A separation agreement is not always enforceable in the court of the law. • A judge may change some or all of the terms of the agreement if you apply for divorce on the basis of separation agreement. • The terms in a separation agreement can only be changed if both of the parties are agreed.
For more information on Divorce and Separation, please visit, www.reviewlegal.co.uk ReviewLegal also helps you in choosing the best Separation Agreement being offered by many of the legal document retailers.