When Can Marital Separation Agreement Be Chosen?
Marital separation contract is an option for couples who are married but prefer to live separately due to some problem. This kind of an agreement is necessary for governing the relationship for the future or setting the provision of evidence right from the separation day, as determined by a court of law. This agreement ensures that no doubt can be there about the events leading to the marital relationship termination. Find out when marital separation agreement in Virginia can be chosen.
When you are not prepared for divorce
In case you are having problems with your spouse and want to live apart temporally without being divorcees, this kind of a contract can be useful. This agreement shows that either spouse wants to live independently of the other. It can also help a couple divide family matters and financial responsibilities while being separated.
When divorce is not a viable option
For some people, belonging to some cultures or religions, getting divorced does not align with their values or beliefs. This is why, even when there are huge differences in a marital relationship, such couples choose to remain married only in name for the rest of their life lives. They tend to live apart on a permanent basis, aided by this kind of sample separation agreement contract - which has legal validity.
For financial reasons
Some couples also like to go for a marital separation for insurance for tax purposes. This is common when a couple decides to go for a divorce and happened idea how they want to divide their responsibilities, assets, properties etc. Rather than filing a divorce and allowing the court to take a decision about how the assets and responsibilities would be split up, they can prepare a marital separation agreement to address the same in their lives. They submit the separation agreement as part of the divorce decree to the court of law.
Keep in mind that while dealing with matters such as child visitation and custody in marital separation, contract does not matter. Such matters often go through to various layers of modification until kids become 18 years of age. In case there is a change in circumstances the agreement terms will be modified by the court by a legal order.
