Agreements That Precede A Divorce
A divorce decree is often the culmination of prior negotiation and decisions, which often are reflected in separation agreements and property settlement agreements.
At Susan Gray Law, P.A., we have experience representing clients in drafting and reviewing separation agreements and property settlement agreements. Susan Gray is a family law specialist who is certified by the North Carolina State Bar.
What Is A Separation Agreement?
A separation agreement is a legal document that specifies the rights and responsibilities of each spouse during the separation period. Separation agreements typically cover issues like:
- Division of assets and debts
- Child support
- Child custody
- Spousal support
A separation agreement protects your interests and gives you peace of mind during the separation period. An experienced family law attorney can protect your interests, negotiate on your behalf and make sure the document reflects your wishes.
What Is A Property Settlement Agreement?
Prior to the final divorce decree, most couples go through the process of dividing their assets and debts. The assets can include real estate, retirement accounts, bank accounts, brokerage accounts, vehicles, furniture, home furnishings and other property. Debts can include mortgages, home equity line of credit, credit cards and personal loans.
A property settlement agreement is a legal document that specifies how the couple’s property will be divided.
In some cases, the agreements are submitted to the court and included in the divorce decree.
Property settlement agreements are contracts. It is very important to have a family law attorney on your side to protect your interests during the process.