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Mutual Divorce Agreement
"I need a Mutual Divorce Agreement for a Hong Kong-based couple with two minor children, including arrangements for joint custody and division of a family home and investment portfolio, to be finalized by March 2025."
1. Parties: Identification and details of both spouses entering into the agreement
2. Background: Brief history of the marriage, including date and place of marriage, and current circumstances leading to divorce
3. Definitions: Key terms used throughout the agreement
4. Agreement to Divorce: Mutual consent to divorce and confirmation that marriage has irretrievably broken down
5. Grounds for Divorce: Statement of the grounds for divorce under Hong Kong law
6. Division of Matrimonial Assets: Comprehensive arrangement for division of all matrimonial assets including property, savings, and investments
7. Financial Settlement: Details of any lump sum payments or periodic payments between parties
8. Legal Costs: Agreement on how legal costs relating to the divorce will be borne
9. Full and Final Settlement: Confirmation that this agreement represents a full and final settlement of all claims
10. Governing Law: Confirmation that the agreement is governed by Hong Kong law
11. Execution: Signing requirements and execution formalities
1. Children Arrangements: Details of custody, care and control, access arrangements, and maintenance for children - included when the couple has children
2. Pension Arrangements: Division of pension benefits and retirement accounts - included when parties have pension or MPF schemes to be divided
3. Business Interests: Arrangements regarding jointly owned businesses or business interests - included when parties have business assets
4. Spousal Maintenance: Details of ongoing maintenance payments between spouses - included when periodic payments are agreed
5. Tax Provisions: Arrangements for handling tax liabilities - included when there are significant tax implications
6. Foreign Assets: Specific arrangements for assets located outside Hong Kong - included when parties have overseas assets
7. Confidentiality: Provisions for keeping the terms of the agreement confidential - included when parties desire privacy
8. Insurance Policies: Arrangements regarding life, medical, or other insurance policies - included when relevant policies exist
1. Schedule A - Property Schedule: Detailed list of all real estate properties and their agreed disposition
2. Schedule B - Financial Assets: Complete list of bank accounts, investments, and other financial assets
3. Schedule C - Personal Property: List of significant personal items and their agreed distribution
4. Schedule D - Children's Arrangements: Detailed parenting plan including residence, education, and holiday arrangements
5. Schedule E - Payment Schedule: Timeline and details of any periodic payments or lump sum transfers
6. Appendix 1 - Marriage Certificate: Copy of the marriage certificate
7. Appendix 2 - Asset Valuations: Professional valuations of significant assets
8. Appendix 3 - Court Documents: Copies of relevant court documents or orders
Authors
Legal Services
Financial Services
Real Estate
Wealth Management
Insurance
Family Services
Professional Services
Banking
Education (if children involved)
Healthcare
Legal
Human Resources
Employee Relations
Benefits Administration
Compliance
Risk Management
Corporate Governance
Finance
Wealth Management
Customer Service
Legal Counsel
Family Law Attorney
Divorce Lawyer
Mediator
Paralegal
Company Secretary
HR Director
HR Manager
Benefits Administrator
Wealth Manager
Financial Advisor
Insurance Agent
Property Manager
Estate Planner
Tax Consultant
Social Worker
Family Counselor
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