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Spousal Separation Agreement
"I need a Spousal Separation Agreement that addresses the division of our jointly-owned technology business valued at $2.5M, along with our investment portfolio and holiday home in Queenstown, with the separation planned for March 2025."
1. Parties: Identification and details of both spouses entering into the agreement
2. Background: Brief history of the relationship, marriage date, separation date, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Acknowledgments: Parties' acknowledgments of independent legal advice, full disclosure, and voluntary entry into agreement
5. Separation: Formal acknowledgment of separation and right to live separately
6. Division of Relationship Property: General principles and agreement regarding division of relationship property
7. Financial Arrangements: Overview of how financial matters will be handled post-separation
8. Mutual Release: Release of future claims against each other's property
9. Confidentiality: Provisions regarding privacy and confidentiality of the agreement and personal matters
10. Dispute Resolution: Process for resolving any future disputes regarding the agreement
11. General Provisions: Standard legal provisions including governing law, amendments, and severability
1. Children and Parenting Arrangements: Required if the couple has children - covers custody, access, guardianship, and child support
2. Spousal Maintenance: Include if one party will provide financial support to the other
3. Business Interests: Required if either party owns business interests that need to be addressed
4. Family Home: Detailed section needed if there is a family home to be dealt with
5. Pets: Include if there are pets whose custody needs to be determined
6. Future Property: Include if there are expected inheritances or assets to be acquired
7. Superannuation: Required if retirement funds need to be divided
8. Insurance Policies: Include if there are joint insurance policies to be addressed
9. Tax Matters: Include if there are significant tax implications to address
1. Schedule A - Relationship Property: Detailed inventory of all relationship property with agreed values
2. Schedule B - Separate Property: List of agreed separate property retained by each party
3. Schedule C - Division of Household Contents: Detailed list of how household items will be divided
4. Schedule D - Outstanding Debts and Liabilities: List of all joint debts and agreed responsibility for each
5. Schedule E - Bank Accounts and Investments: Details of all financial accounts and their agreed division
6. Appendix 1 - Valuation Reports: Any professional valuations obtained for property or businesses
7. Appendix 2 - Parenting Plan: Detailed parenting arrangements if children are involved
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