Reason For Marriage Separation - VishnuMaya Direct®
A marriage separation agreement will identify the following basic elements
Parties: The name of the two spouses who are married but want to live apart.
Date of Marriage: when the couple was originally lawfully married.
Residency Requirement: confirm that the couple has lived in the state and particular city for the required amount of time to establish residency for legal purposes
Temporary or Permanent: decide whether the separation agreement will continue to be valid if the parties follow through with a divorce (permanent) or whether a new agreement will be created if.
Children: if minor children under the age of 18 years old are involved, discuss who has custody, how much child support will be provided, and how often can the other parent visit.
Assets: who will stay in the marital home and how will shared property like cars and furniture be divided.
Debts: how will taxes, mortgages, loans, or bills be handled while living apart.
Spousal Support: ask yourselves whether one person should receive financial support given their occupation, age, and health.
Notarized Signatures: In order for the agreement to be legally enforceable, both spouses MUST sign the agreement in the presence of a notary public, not necessarily at the same time or with the same notary.