RESOLUTIONARY

A separation agreement can be as broad or as detailed as you want it to be. It can be fully customized to address your family’s needs, whatever they may be. A separation agreement may dictate:

• Who will remain in the marital home

• Whether one spouse will provide postseparation support to the other

• The division of property and assets

• Which bills each spouse is responsible for paying

• Child custody and visitation

• Whether one spouse will provide child support payments

EQUITABLE DISTRIBUTION

In equitable distribution states, such as North Carolina and Florida, assets acquired and liabilities incurred during the marriage, individually by one spouse or jointly by both, are considered marital property and are subject to equitable distribution.

Mediation guides parties to make agreements on property division terms during a divorce. The goal is for both parties to take control in deciding on how assets and debts are divided versus having a judge decide.