Why get a legal separation instead of a divorce?
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Why get a legal separation instead of a divorce?
Legal separation can allow the parties to go on with their lives separately without violating their religious beliefs. Some people may be able to stay on their spouse’s health insurance plan if they are legally separated instead of divorced. There also may be other financial benefits to legal separation over divorce.
What’s the difference between separated and legally separated?
“Separation” simply means living apart. You do not need to file court papers to separate and the law does not require you to live with your spouse. “Legal Separation” is a major change in the status of your marriage. To get a legal separation in states that recognize this status, you must file a petition in the court.
What does legal separation protect you from?
Most importantly, a legal separation agreement will protect you from being responsible for any debt your spouse acquires during the period of separation if you live in an equitable distribution state. If you live in a community property state, you don’t get this protection under a legal separation agreement.
Can I stay on my husbands insurance if we are legally separated?
Many plans allow a former spouse to remain insured under the insured’s health policy until a divorce is finalized. Other plans terminate coverage for a former spouse immediately upon a separation.
Whats the Number 1 reason for divorce?
And while the reasons vary, a common thread for the majority of divorces includes money problems. In fact, some studies suggest that money problems in a marriage are the number one cause of divorce. The financial and emotional toll of a divorce can debilitate individuals and devastate families.
