A separation agreement is a legally binding document that outlines the terms of a separation between two parties, such as a married or common-law couple. Here are some of the benefits of a separation agreement:
Provides certainty and clarity: A separation agreement can provide both parties with a clear understanding of their rights and obligations following a separation. This can help to reduce conflict and confusion, as both parties will have a clear understanding of what is expected of them.
Customizable to individual needs: A separation agreement can be tailored to the specific needs and circumstances of the parties involved. This means that the agreement can be customized to include provisions related to property division, children's parenting arrangements, and support that are specific to the parties' situation.
Can be less expensive than going to court (and hiring lawyers!): If parties can agree on the terms of their separation, they can avoid the expense and time involved in going to court to resolve disputes. This can be particularly beneficial in cases where there are few contested issues.
Can help to maintain privacy: If parties resolve their issues through a separation agreement, they can maintain a greater degree of privacy than if they were to go to court. Court proceedings are generally a matter of public record, whereas a separation agreement can be kept private between the parties involved.
Provides an opportunity for cooperation: Negotiating a separation agreement can provide an opportunity for parties to work together to resolve issues related to their separation. This can be particularly beneficial in cases where parties will need to continue to interact with each other, such as when they have children together.
You can have a lawyer prepare a separation agreement for you and negotiate its terms. Once the agreement is finalized, you would need to sign it in front of a family law lawyer, also called Independent legal advice. In BC, these rates vary from $400 to $800 dollars depending on the law firm and lawyer that you choose. Once there is a signed separation agreement, it is easy to file a Divorce application for a desk order divorce through any of the Supreme Court of BC registries.
A separation agreement can provide many benefits to parties who are separating or divorcing. It can provide certainty, be customized to individual needs, be less expensive than going to court, help to maintain privacy, and provide an opportunity for cooperation. For more information call SiLaw Group Family Law at (778) 381-9977 or book a free initial consultation with one of our family lawyers at clicking HERE.