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If you and your spouse have decided to separate and are contemplating divorce, you need a written separation agreement. This legal document will spell out your new financial and living arrangements. It should also outline how your assets will be divided as well as your debts. Finally, it encompasses important decisions regarding any children you have.
Despite the common use of the term “legal separation,” separation is not recognized as a legal status between two people in Florida. You and your spouse are either married or divorced. And a separation agreement doesn’t end a marriage.
However, if you eventually proceed with a divorce, that separation agreement can serve as the foundation of the divorce order by a judge. For that reason, a separation agreement is not something to be taken lightly or prepared on your own. You’ll want to have an experienced separation lawyer assist in its creation.
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