Crafting Fair and Comprehensive Separation Agreements
Drafting your separation agreement with a mediator in BC will mean you get a say in dividing your assets, finances, and custody agreement. These top three items extend the time and cost of arguing your divorce in court.
Our mediators are trained to assist you in coming to an agreement that is reasonable for both parties and at a fraction of the cost of letting lawyers and a judge determine your future. Our divorce mediation services in BC help you navigate the complexities and reach agreements that promote fairness and stability for all parties involved. Book a Free Consultation to learn more.
What is a Separation Agreement?
A separation agreement addresses the needs and interests of both parties, ensuring a reasonable division of assets and debts. It will also outline your custody agreement. This document is important for both legally married couples and common-law partners who are separating in BC.
It is a legally binding document outlining the separation terms between two parties. While the specifics of a legal separation agreement in BC can vary depending on the unique circumstances of each situation, some common elements typically included may include:
Child Custody and Visitation
01
Have a say in the custody agreement and how you spend time with your children. The separation agreement will detail custody arrangements, visitation schedules, and decision-making responsibilities.
In some cases, a Parenting Plan is the best option. This more comprehensive document can be created separately from the divorce agreement.
Child Support
02
Agreements may specify the amount and manner of child support payments, including details such as payment frequency and how expenses for the child will be divided between the parents.
Division of Assets
03
Separation agreements detail the allocation of marital assets and property, including real estate, vehicles, bank accounts, investments, retirement accounts, and personal belongings. This may also include provisions for the sale or transfer of assets.
Division of Debts
04
The division of marital debts, such as mortgages, loans, credit card debt, and other financial obligations will also be covered in the agreement. It may specify how debts will be paid off and who will be responsible for each debt.
Spousal Support (Alimony)
05
The separation agreement will include details regarding spousal support payments, including the amount, duration, and conditions under which support may be modified or terminated.
Health Insurance and Other Benefits
06
Sometimes agreements will include provisions for maintaining health insurance coverage and other benefits for both parties and any children after separation.
Tax Considerations
07
The tax implications of the separation will be included in the agreement, such as who will claim tax deductions and credits for children, and how property transfers may affect tax liabilities.
Legal Fees and Costs
08
Dispute Resolution Mechanisms
09
The preferred procedure to be used for resolving disputes can also be included. This could be mediation or arbitration.
Miscellaneous Provisions
10
Other provisions that may be relevant to the specific circumstances of the parties, such as confidentiality agreements, relocation restrictions, or provisions for pets can also be included in the agreement.
Our goal is to provide the support and guidance needed to create separation agreements in BC that address the interests of all parties in a single document. Our clients are able to move forward with more emotional and financial peace of mind because they were able to be a part of the process.
Ready to 
Learn More?
If you’re ready to take the next step toward a quick divorce or legal separation in British Columbia and move forward with your life, we’re here to help. Contact us today to schedule an online consultation call and discover how divorce mediation can pave the way for a brighter future for you and your family.
