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Separation Settlement Agreement
"Need a Separation Settlement Agreement for an amicable separation where both parties have agreed to split assets 50-50, including a matrimonial home in Singapore and joint investments, with implementation planned for March 2025."
1. Parties: Identification and details of both parties to the agreement
2. Background: Context of marriage, separation, and reason for agreement
3. Definitions: Key terms used tHRoughout the agreement
4. Division of Assets: Detailed breakdown of how matrimonial assets will be divided
5. Financial Settlement: Terms of financial settlement including lump sum payments if any
6. Mutual Release: Release of claims against each other
1. Child Custody and Access: Arrangements for custody, care and control of children, including visitation rights and decision-making authority
2. Maintenance Provisions: Terms of spousal and/or child maintenance, including payment amounts, frequency, and duration
3. CPF Division: Specific arrangements for the division of Central Provident Fund savings and investments
4. Business Interests: Provisions for the division or handling of shared business interests and assets
1. Schedule of Assets: Complete list of matrimonial assets and their agreed values
2. Schedule of Debts: List of joint and individual debts and their allocation between parties
3. Child Arrangements Schedule: Detailed visitation and custody schedule including holiday arrangements and special occasions
4. Property Transfer Documents: Supporting documents detailing the transfer of property ownership and associated terms
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