A DIY Separation Agreement is used when married couples in Singapore decide to live apart before proceeding with divorce. This document, while not mandatory under Singapore law, provides a structured approach to managing separation. It typically includes provisions for asset division, financial responsibilities, living arrangements, and where relevant, child custody and maintenance. The agreement must comply with Singapore's Women's Charter and related family law provisions. While parties can create this agreement themselves, it's advisable to have it reviewed by legal professionals to ensure enforceability and fairness.
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Key Requirements PROMPT example:
Diy Separation Agreement
"I need a DIY Separation Agreement for my spouse and me to document our agreed division of our HDB flat, joint savings, and arrangement for our two children, with the separation to take effect from March 2025."
1. Parties: Identification of both spouses, including full names, identification numbers, and addresses
2. Background: Brief history of marriage, date of marriage, reasons for separation, and current living situation
3. Definitions: Key terms used throughout the agreement including 'matrimonial home', 'matrimonial assets', etc.
4. Living Arrangements: Details of physical separation and living arrangements
5. Division of Matrimonial Assets: Comprehensive plan for division of property, savings, investments, and other assets
6. Financial Arrangements: Details of financial responsibilities, including bill payments and debt allocation
7. Governing Law: Specification that Singapore law governs the agreement
1. Children Arrangements: Details of custody, care and control, and access arrangements (used when the couple has children under 21)
2. Maintenance Provisions: Details of spousal and/or child maintenance arrangements (used when maintenance is being provided)
3. CPF Arrangements: Details of CPF division and nominations (used when CPF assets need to be divided)
4. Insurance Policies: Arrangements regarding life, health, and other insurance policies (used when there are joint insurance policies)
5. Business Interests: Division or handling of joint business interests (used when parties have shared business interests)
1. Schedule of Assets: Detailed list of all matrimonial assets and their agreed values
2. Schedule of Debts: List of all joint and individual debts and their allocation
3. Children's Schedule: Detailed access and care arrangements including holidays and special occasions
4. Property Documents: Copies of property titles, valuations, and related documents
5. Financial Disclosure: Statement of financial positions of both parties
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