Separation can occur in Mississauga when you and your marital partner or common-law partner decide to separate. Additionally, living separately from your spouse does not mean the termination of your marriage. In fact, a divorce officially ends a marriage in Mississauga. Further, it is not mandatory to hire a separation agreement lawyer in Mississauga. Still, hiring a lawyer is beneficial in certain ways if you decide to separate from your spouse in Mississauga. Before telling you why to hire a separation agreement lawyer, we want you to understand what a separation agreement is.
What Is a Separation Agreement?
Here is what you need to know to comprehend what a separation agreement is:
- A separation agreement is basically a contract between two people in Mississauga who lived together and started living apart.
- It is an agreement that can tell the right of each partner and obligations once they separate.
- Here are issues that a separation agreement can address:
- Children: A separation agreement can help separating partners find answers to concerns related to their children, such as:
Q1. Do they have financially dependent children?
Q2. Who is mainly responsible for deciding matters like health, education, and welfare for children?
Q3. Who is the child going to live with?
- Property: A separation agreement can help separating partners find answers to property concerns, too, like:
Q1. What to do with the home?
Q2. What will happen to the shared debts and assets of separating partners?
Q3. What will happen to pension and life insurance?
- Support: A separation agreement can help separating partners find answers to support concerns, as well, such as:
Q1. Is one person paying support?
Q2. When will the payment stop?
Q3. What are the tax implications?
Is a Separation Agreement Mandatory to Get?
Firstly, no one requires a separation agreement to separate legally. Besides, when you or your spouse decides to separate in Mississauga with no intention to continue your relationship, it is deemed you are separated, even if both of you live in the same house. Basically, a separation agreement provides you with peace of mind concerning the settlement of issues. It is an agreement that lets you and your former partner know what your rights and obligation are. You do not also need to hire a separation agreement lawyer in Mississauga to draft it.
Furthermore, a separation agreement legally becomes a binding contract when both parties sign it. However, the parties need to sign this agreement in the presence of a witness with a date. Moreover, there are many good reasons you have to hire a lawyer for a separation agreement.
