In Virginia Beach, a separation agreement is a contract between two individuals who are getting ready to separate, who are separated or who are getting ready to ultimately divorce. The separation agreement lays out the specific terms and settles those terms related to the divorce. The issues can include:
- Spousal support
- Child support
- Equitable distribution. Equitable distribution is the distribution of your assets and/or your debts.
It is important to note that a separation agreement is a contract and it is governed by contract law. If you don’t understand the terms of the agreement or if you just don’t like the terms of the agreement, you should not sign it until you’ve spoken to an attorney. Once the document is signed it becomes enforceable. It must be signed by both parties. Changing a document after it is signed is very difficult. It is also important to note that the terms of the separation agreement will ultimately be included in the terms of the final divorce. The agreement itself becomes incorporated into your final divorce decree.
Related post: Legal Separation