Separation Agreement UK Solicitors located in Manchester, London and Birmingham
When divorce is not an option, separation agreements can be a way for unmarried couples to separate legally, whilst protecting the children, property, money and investments. At IMD Solicitors our separation agreement solicitors are here to help.
A separation agreement is a legal document made between a couple who are considering separating or have already separated. Married partners, those in a civil partnership or cohabitating couples may choose to consider entering into a separation agreement.
Why might you choose to enter into separation agreement:
- You might have been married for less than one year and are unable to issue divorce proceedings on this basis.
Another form of separation that a couple might wish to consider is “judicial separation”. This is similar to the divorce process but the court does not need to inquire as to whether the marriage has “irretrievably broken down”. Whilst it does not dissolve the marriage and bring it to an end, it enables the parties to live separately and apply for an order to deal with financial matters. Get in touch with our separation agreement solicitors now and call 0330 107 0107.
If a party makes an application for financial remedy proceedings in the future, the court will take the separation agreement into consideration. However, the court maintains discretion in determining the appropriate division of the parties’ financial resources even when there is a separation agreement; the court might need to consider if there are any compelling reasons why it would be “unjust” to hold the parties to the agreement. There is clear guidance and procedure to fellow in what meets the criteria for a “qualifying nuptial agreement”.
IMD Solicitors understand the difficulties and emotional strain families go through when a marriage breaks down and are here to help ensure the best possible agreement is put in place. Get in touch with our expert separation agreement solicitors to make an enquiry.
Is a Separation agreement Legally binding?
In the United Kingdom, a separation agreement, also known as a legal separation agreement or a deed of separation, can indeed be legally binding. While not a prerequisite for obtaining a divorce, a separation agreement is a formal contract between spouses or civil partners who have decided to live apart. It outlines the agreed-upon terms and conditions governing various aspects of their separation, such as property division, child custody, visitation rights, and financial support. For the agreement to be legally binding, both parties must voluntarily enter into it with full knowledge and understanding of its implications. It is advisable for each party to seek independent legal advice before signing the agreement to ensure their rights and interests are adequately protected. If drafted properly and executed with the necessary legal formalities, a separation agreement can carry significant legal weight and be enforceable by a court if one party fails to comply with its provisions. However, it is important to note that while a separation agreement can provide a framework for future legal proceedings, it cannot prevent either party from pursuing a divorce if they choose to do so.
How to Get Help Creating a Separation Agreement
Creating a separation agreement can be a complicated process, so it is vital to seek the assistance of solicitors specialising in family law to maximise the chances of both parties being in agreement with the outcome. IMD Solicitors’ separation agreement solicitors can help you create a separation agreement that works for you and your loved ones, protecting your interests and wellbeing.
How are assets divided?
During the process of a separation agreement in the United Kingdom, the division of financial assets is a crucial aspect that needs to be addressed. The guiding principle in asset division is achieving a fair and equitable distribution based on the individual circumstances of the couple. It is important to note that the division of assets in a separation agreement is different from the division of assets in a divorce settlement, as a separation agreement does not formally end the marriage or civil partnership.
When determining how assets are divided, several factors are considered, including the financial needs and resources of both parties, the duration of the relationship, their respective contributions (financial and non-financial) during the relationship, and the welfare of any children involved. The court takes into account various types of assets, such as properties, savings, investments, pensions, businesses, and personal belongings.
The couple has the flexibility to negotiate and agree upon their desired division of assets in the separation agreement. They can decide whether to split assets equally or in a way that reflects their individual circumstances. However, it is essential to ensure that the agreement is fair and takes into account the legal rights and obligations of both parties.
Expert Separation Agreement Solicitors
At IMD Solicitors, our family lawyers understand the difficulties and emotional strain families go through when a marriage breaks down and are here to help ensure the best possible agreement is put in place. Our expert separation agreement solicitors can provide advice and support throughout the process, ensuring that the agreement is legally binding and meets the needs of both parties and their children.
Contact Our Separation Agreement Solicitors in Manchester, Birmingham and London
For further advice on rights for unmarried couples, contact our multi-cultural separation agreement UK solicitors today to discuss your case on 0330 107 0107 or request a call back.
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