Legal separation agreements may be right for you if you are planning on living apart from your husband beyond a reasonable trial period. These agreements are binding between you and your ex-spouse so that you can resolve important issues like asset division, alimony, and child support. One of the main problems that people run into with legal separation is that you may still be held liable for your spouse’s debts. This means that, if your spouse fails to meet financial demands, they could fall back onto you because you are not divorced but instead legally separated. Despite this con, there are many benefits to a legal separation that may make you consider this option.
The Benefits of Legal Separation
When you decide to split up with your spouse, there may be many benefits through a legal separation. Here are some of those benefits:
- Get the divorce process started if you live somewhere that legal separation is necessary before divorce
- Negotiate the basic elements of your possible divorce
- Ensure that money you earn after you separate will not be considered as marital property
- Create legally binding agreements on important issues such as custody, visitation, child support, and more
Divorce is not the only option when you are planning on splitting up with your spouse. If you have no intention of getting divorced, legal separation may be for you. Sometimes there are specific circumstances that call for a legal separation vs. a divorce, such as religious reasons, remaining married for tax or insurance benefits, or not being emotionally prepared for divorce.
If you believe that legal separation is the best plan for you and your spouse, call us today for more information on how we can help. We understand that you may need advice in this difficult time and we are there for you every step of the way.