Separation agreements can be entered into when the parties wish to separate but not divorce. This may happen for a variety of reasons, such as health insurance benefits, military benefits, religious reasons, and numerous other reasons. Regardless, it is important that you consult with a family law attorney before entering into or signing a separation agreement, as they are legally binding on the parties and enforceable under the law as a contract.
Separation agreements are similar to a divorce with the major difference being that the parties remain legally married. Even though the parties will remain legally married, the agreement can still divide all current and future assets and debts. If there are children involved, the agreement will also address custody, possession, and support of the children.
It is also important to understand that a separation agreement will not allow either of the parties to remarry someone else until and unless there is an actual divorce of the parties at a later time.
Contact the Aqrawi & Nguyen Law Firm, PLLC, at 1-844-LAW-2121 to speak with your family attorney.