The Basic Issues That A Legal Marriage Separation Agreement Deals With

The alternative process to divorce lies in signing the legal separation agreement that is undertaken by couples who do not want to completely end their relationship. There are misconceptions that this agreement is mandatory before heading for a divorce, but both are entirely different entities.  Marriage and relationships go through bumpy rides, and there are times when partners require their own space before coming to any permanent solution. For those times, signing the legal marital separation agreement in Tennessee is the best way to grow individually and understand their take on the bond they share.

Before heading for this, here are some issues about which you should know:

• Custody of child

 
This agreement decides the rights of custody of the child or children and also states how would they live. Also, it states the day to day visiting rights that the parents would have, and also during holidays.

• Division of property

From retirement to bank accounts, real estates, furniture, appliances, home and other property related details are shared by the legal marriage separation agreement and this division of property and assets is mandatory to be followed.

• The matter of alimony

Spousal support or alimony is also decided by their legal contract that addresses whether one partner requires support or not, how much should be the amount and for how long should that continue. 

• Management of debts

The legal marriage separation agreement also states everything related to debts, from loans to the taxes that are to be paid by both the partners, credit card obligations to be followed and much more.

• The fees of the lawyer

One partner has to pay the fees of the attorney as he or she might be financially superior, or for behaving badly during the formation of the agreement.