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Voluntary Divorce Agreement
"I need a Voluntary Divorce Agreement for a couple with two minor children, joint ownership of a family business, and shared property in Ontario, with the separation date set for January 15, 2025."
1. Parties: Identification and contact details of both spouses
2. Background: Information about the marriage, separation date, and intention to divorce
3. Definitions: Definitions of key terms used throughout the agreement
4. Recognition of Separation: Formal acknowledgment of separation and intent to live separately
5. Division of Property: Agreement on how matrimonial property and debts will be divided
6. Spousal Support: Terms regarding any spousal support payments, including amount, duration, and conditions
7. Release and Indemnity: Mutual release of claims and indemnification provisions
8. Independent Legal Advice: Acknowledgment that both parties have received or had the opportunity to receive independent legal advice
9. Governing Law: Specification that the agreement is governed by Canadian law and the applicable province
10. Amendment and Waiver: Provisions for how the agreement can be modified and circumstances for waiver
11. Severability: Provision stating that if any part of the agreement is found invalid, the rest remains in force
12. Entire Agreement: Confirmation that this document represents the complete agreement between parties
13. Execution: Signing and witnessing requirements
1. Child Custody and Access: Terms regarding custody, access, and parenting arrangements - included when there are children of the marriage
2. Child Support: Details of child support payments and special expenses - included when there are dependent children
3. Life Insurance: Requirements to maintain life insurance policies - typically included when there are dependent children or ongoing support obligations
4. Business Interests: Division or handling of shared business interests - included when spouses have joint business ventures
5. Pension Division: Terms for dividing pension benefits - included when one or both spouses have pension plans
6. Tax Provisions: Specific arrangements regarding tax matters - included when there are significant tax implications
7. Dispute Resolution: Process for resolving future disputes - recommended when complex ongoing obligations exist
8. Religious Divorce: Provisions regarding religious divorce requirements - included when required by parties' religious beliefs
9. Pet Custody: Arrangements for pet care and custody - included when couples have shared pets
1. Schedule A - Assets and Liabilities: Detailed list of all matrimonial assets and liabilities with agreed values
2. Schedule B - Property Division: Specific details of how each asset and liability will be divided or transferred
3. Schedule C - Support Calculations: Detailed calculations for spousal and/or child support payments
4. Schedule D - Parenting Schedule: Detailed parenting time schedule and special occasions arrangement
5. Schedule E - Children's Special Expenses: List and division of children's special expenses
6. Appendix 1 - Financial Statements: Financial statements of both parties
7. Appendix 2 - Property Valuations: Professional valuations of significant assets
8. Appendix 3 - Business Valuations: Professional valuations of business interests, if applicable
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