What is a Legal Separation Agreement?

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What is a Legal Separation Agreement?
A legal separation agreement is actually a
contract that formalizes the terms of a
separation. it's a legally binding document
usually prepared by a lawyer and signed by both
spouses. This agreement is beneficial in
providing peace of mind for spouses that the most
issues and risks are covered in writing within
the event of problems within the future.
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A legal separation agreement also can indemnify
you from certain liabilities that you simply
might face within the case of a more informal
separation arrangement while still married. In
many cases, it's the precursor to divorce.
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Couples may find that, after 12 months or longer
of separation, they not want to stay
married. The legal separation agreement then
becomes a useful reference document for the
divorce agreement.
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