A Post Separation Agreement is essential when couples who are separating wish to formally document their arrangements before proceeding with divorce. Under the jurisdiction of England and Wales, this agreement provides clarity and certainty regarding financial settlements, property division, and arrangements for children if applicable. While not automatically binding on a court, it carries significant weight in subsequent legal proceedings and demonstrates the parties' intentions at the time of separation. The agreement typically includes detailed provisions about asset division, maintenance payments, pension arrangements, and can help avoid future disputes.
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1. Parties: Details of the separated parties including full names, addresses, and occupations
2. Background: Brief history of the relationship, date of separation, and reason for agreement
3. Definitions: Key terms used throughout the agreement
4. Financial Settlement: Details of division of assets, property, and financial arrangements
5. Living Arrangements: Current and future living arrangements of both parties
1. Children Arrangements: Details of custody, access, and maintenance arrangements for children (include when parties have children)
2. Pension Provisions: Arrangements regarding pension sharing or splitting (include when either party has significant pension assets)
3. Business Interests: Arrangements regarding shared business interests (include when parties have joint business interests)
4. Future Inheritance: Provisions regarding future inheritance rights (include when significant inheritance is expected or needs to be protected)
1. Schedule of Assets: Detailed list of all assets owned jointly or separately
2. Property Schedule: Details of all property owned and agreed division
3. Financial Disclosure: Full financial disclosure from both parties
4. Children's Schedule: Detailed arrangements for children including contact schedules
5. Maintenance Schedule: Details of any maintenance payments and arrangements
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