Alimony And The Separation Agreement
Many divorcing couples work out the thorny details of
alimony and other property divisions as well as other issues such as child
custody in a contract known as a separation agreement.
This agreement may be drawn before or after the parties file
for divorce and even if they are still living together; it is simply spells out
legal rights and obligations without taking any formal action in a court of
law. Once agreed to, however, this document, however, is enforceable as a
contract should its terms be breached by either party. A separation agreement
may also be incorporated into a final divorce decree and then is enforceable as
a court order. It is advisable to work with an attorney in crafting a
separation agreement that does not waive any rights or the possibility of
modification of terms.
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