What is the difference between a separation agreement and a legal separation?
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What is the difference between a separation agreement and a legal separation?
A separation agreement is different from the formal process of getting “legally separated.” In California, spouses that have decided to separate may enter into a “separation agreement,” which is a legally binding contract that deals with all aspects of their separation, including issues of child support and custody or …
Are assets divided in a legal separation?
Equitable distribution of assets entails splitting marital and divisible property during a separation. SplitEasy gives you the option to negotiate the division of assets without the involvement of a lawyer. Property settlements consider assets and liabilities as well as the fair and equitable division of all property.
What does a legal separation involve?
Separation generally means living apart from each other. It can be unilaterally initiated by either spouse, or mutually decided. It is possible to be ‘separated under one roof’ if certain criteria are met. If you are separated under the one roof, it is important to get legal advice.
