In order for a separation agreement not to be called into question, you and your ex-partner must be open about your finances. It is called “financial disclosure.” In an effort to save money, many people make the decision to sign a separation agreement that they bought or downloaded on the Internet without first checking with a lawyer. The great danger in this approach is that you don`t cut yourself much by cutting corners. First of all, you may not know what you are entitled to under Virginia law, and if you are satisfied with the agreement you have made with your spouse on various marriage matters (for example.B. “I think he or she may have the house”), this agreement could be extremely unfavorable to you if you could do so in relation to what a judge could advise you in court. Allows. More importantly, especially when there are minor children in marriage, a separation contract allows you and your spouse to prepare the details of custody and visitation in advance and to allow for child care and child care supplements (called add-ons) such as health insurance, education and child care. Second, a separation agreement, developed for you by an experienced family law lawyer, will generally contain a multitude of provisions that protect your interests under Virginia law. A general online form agreement that is not specific to the state and is not tailored to your individual needs can make you vulnerable and vulnerable to very bad financial consequences. You don`t need to take legal advice if you write a separation agreement, but it`s a very good idea to do so. The choice between separation and divorce is often a matter of personal preference.
Some people have religious or personal beliefs that do not allow divorce, so a separation from a marriage may take place when they are able to lead a completely separate life. A separation perpetuates your relationship at least to some extent, so that you stay connected. If you are separated, you will continue to receive certain benefits, such as social security and pensions paid to surviving spouses. However, we find that this is not always guaranteed for separation couples – and relationships can deteriorate, a partner changing their minds later! This is why it is useful to conclude a formal written agreement with the legal counsel. There is a long-standing principle that people can enter into a contract as well or as badly as they want. This is especially true for separation agreements that can only be struck down in Virginia for limited reasons – if they were concluded under “undue influence” or are “unacceptable.” Expiration dates, extension options and even the nature of certain policies (investment vehicles used to borrow) must be carefully checked and verified. And in the event that life insurance is linked to employer group benefits, it is clear that it is necessary to reconsider this problem in case the employment situation changes. A well-developed separation agreement will provide guidelines on how to deal with life insurance in the event of a policy change.
Divorce and separation after separation have similar effects in many ways. Divorce and separation under the law create a space between you and your spouse.