In North Carolina as long as you and your spouse are living separate and apart with the intent to separate, you will be considered separated. No written document is necessary. However, a well written separation agreement could save you time and money in the event you do decide to get divorced. A separation agreement is an important step in protecting your interests if you and your spouse are pretty much like-minded.
At Miller & Illikainen, our Fayetteville divorce attorneys can help you draft a separation agreement that clearly established your rights and obligations as they pertain to your children, your property, your debts and so forth.
How Do These Agreements Work?
When you and your spouse sign a separation agreement in North Carolina, legally it is viewed the same as any other type of contract. A separation agreement can be used to determine:
- Child custody and support
- The division of marital property
- Spousal support
Failure to abide by the terms of the separation agreement, however, could leave you open to a breach of contract lawsuit, which can mean monetary penalties. So well planned and executed separation agreement is essential.
Is A Separation Agreement Right For You?
Our lawyers can provide you with the informed legal advice you need to make the right choices for your unique needs.
It is important that you obtain legal representation while negotiating a separation agreement, especially if you have acquired real estate, businesses, investments accounts, etc. While it may seem easy to draft an agreement on your own, you could unknowingly sign a document that harms you financially or gives away your property rights. Our lawyers can guide you through the entire process, making sure any agreement protects your legal rights and interests.
To learn more about separation agreements, you can contact Miller & Illikainen to schedule an initial consultation. We can find a solution that works for you.