Separation Agreement
Decide whether you want an informal separation, a separation governed by a formal, written agreement or governed by a court order.
Agree on the content of the agreement.
Consider living arrangements: do you plan to live separately?
Decide where your children will live.
Decide how you will share the financial obligations involved in supporting your cheildren.
Decide how you will divide your assets.
If choosing for judicial separation, decide how you're going to work through the process of applying to the court.
Practical Steps
Make an inventory of your major assets.
Take an inventory of family debt, including mortgages, credit card debt, consumer debt, and any other items.
Work out each spouse's individual living costs.
Address your retirement benefits.
Prepare a budget to cover children maintenance.
Consider whether either of you has any hidden or contingent assets.
Evaluate your wills and any estate planning.
Budget for any legal fees that may be required in implementing your separation.
Consider what professional advice you will require.

Separation Checklist

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