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Generic Separation Agreement
"I need a Generic Separation Agreement for a couple with shared business interests and two minor children, where one party will retain the family home while the other will receive a larger share of the business assets, with the separation to take effect from March 1, 2025."
1. Parties: Identifies and defines the separating parties with their full legal names and addresses
2. Background: States the marriage/partnership date, last shared residence, date of separation, and context for the agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Living Arrangements: Details the physical separation arrangements and confirms parties will live separately
5. Non-Molestation and Non-Harassment: Mutual undertakings regarding respectful behavior and non-interference
6. Financial Arrangements: Details of financial separation, including bank accounts, debts, and ongoing financial obligations
7. Property Division: Division of all shared property, including the family home and personal possessions
8. Tax Matters: Arrangements for tax affairs and future tax liabilities
9. Future Separation/Divorce: Provisions regarding future divorce proceedings and the status of this agreement
10. Confidentiality: Terms regarding the private nature of the agreement and restrictions on disclosure
11. Governing Law: Confirms Irish law governs the agreement and jurisdiction for disputes
12. Execution: Signature provisions and attestation requirements
1. Children Arrangements: Required if the parties have children - covers custody, access, maintenance and education arrangements
2. Pets: Include if the parties have shared pets - details custody and care arrangements
3. Business Interests: Required if parties have shared business interests - covers division or ongoing management
4. Pension Arrangements: Include if pension rights need to be addressed - details division or preservation of pension rights
5. Insurance Policies: Include if there are shared life, health or other insurance policies to be divided or maintained
6. Inheritance Rights: Optional section addressing waiver or preservation of inheritance rights
7. Mediation Clause: Optional dispute resolution mechanism through mediation before court proceedings
8. Future Asset Division: Include if there are expected future assets (inheritances, compensation claims) to address
9. Social Media and Privacy: Modern clause addressing social media behavior and online privacy
1. Schedule 1: Asset Schedule: Comprehensive list of all shared assets and their agreed division
2. Schedule 2: Liability Schedule: List of all shared debts and liabilities and their allocation
3. Schedule 3: Personal Property Division: Detailed list of personal items and their allocation between parties
4. Schedule 4: Maintenance Payments: Details of any maintenance payments including amounts, frequency and review mechanisms
5. Schedule 5: Children's Arrangements: Detailed parenting schedule and specific arrangements for children if applicable
6. Appendix A: Statement of Assets: Sworn statements of each party's assets and financial position
7. Appendix B: Property Valuations: Professional valuations of significant assets like property or businesses
8. Appendix C: Legal Advice Certificates: Certificates confirming independent legal advice received by each party
Authors
Legal Services
Financial Services
Real Estate
Professional Services
Family Services
Insurance
Banking
Wealth Management
Property Management
Social Services
Legal
Dispute Resolution
Family Law
Property Services
Financial Advisory
Wealth Management
Document Processing
Client Services
Mediation
Risk Management
Family Law Solicitor
Legal Counsel
Mediator
Financial Advisor
Wealth Manager
Property Valuer
Estate Agent
Tax Consultant
Pension Advisor
Family Court Judge
Legal Secretary
Paralegal
Social Worker
Family Therapist
Insurance Advisor
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