Separation Agreement - What Does This Entail in Cherry Hill?

Cherry Hill Separation Law Firm

The Cherry Hill separation attorneys at the law firm of Erik B. Jensen P.C. can assist you with your separation. Legal separations may seem like a complicated and difficult process. Even though there is no formal proceeding for a legal separation under New Jersey law, there are agreements that can be used to formalize the terms and conditions of your separation.

A separation agreement is a legally binding agreement made by parting spouses. It spans the interim period from when one half of a married couple moves out of the marital residence until a divorce petition is filed. The separation agreement spells out the terms of the couple’s separation and resolves issues related the dissolution of a marriage in a general way.

These include:

• Child Custody
• Child Support
• Alimony Payments
• Division of Marital Property
• Division of Marital Debt

The agreement is made in writing, signed by both spouses, and formally witnessed and signed by a notary public. The parting spouses’ debts and property are then frozen and are officially divided between each spouse. Neither husband nor wife is responsible for the debts of the other from that point forward, nor is he or she free to sell or otherwise convert any marital assets.

It should be noted that an advantage of a separation agreement to a couple in the Cherry Hill area is that, after 18 months apart, they are able to petition for a “no-fault” divorce. Many couples prefer to use living apart with no chance of reconciliation as grounds for an eventual divorce, rather than more prejudicial options like, “extreme cruelty.”

You do not have to go to court to create a separation agreement, but a person who drafts their own is taking a risk with regard to some very serious issues. You need an attorney who understands all the factors addressed in separation agreements to ensure that no important issues are overlooked, and that your best interests are fully represented in the final agreement.

At the Cherry Hill separation law firm of Erik B. Jensen, our attorneys have the knowledge and understanding to assist you in putting together a separation agreement that best supports your needs and the interests of your family. We will be happy to clearly and thoroughly explain all your options with regard to legalizing your separation agreement.

If separation is in your future, and we can help, call Erik B. Jensen Attorneys at Law. Our phone number in Cherry Hill is toll free at 866-840-4893, or if you choose, contact us through our web form.