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Separation Financial Agreement
"I need a Separation Financial Agreement to formalize the division of our HDB flat, CPF accounts, and joint investments, with my spouse agreeing to pay monthly maintenance of $2,000 starting March 2025."
1. Parties: Identification and details of both parties to the agreement
2. Background: Context of marriage, separation, and reason for agreement
3. Definitions: Key terms used throughout the agreement
4. Division of Assets: Detailed breakdown of how matrimonial assets will be divided
5. Maintenance Provisions: Terms of any ongoing financial support
6. Governing Law: Specification that Singapore law governs the agreement
7. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. CPF Arrangements: Specific provisions for handling CPF accounts and nominations - include when either party has CPF savings
2. Business Interests: Provisions for division of business assets and interests - include when either party owns business assets
3. Overseas Assets: Provisions for handling foreign-held assets - include when parties have assets outside Singapore
4. Tax Provisions: Specific arrangements regarding tax implications - include when significant tax considerations exist
5. Muslim Law Provisions: Special provisions under AMLA - include when parties are Muslim
1. Schedule A - Asset List: Comprehensive list of all matrimonial assets and their agreed division
2. Schedule B - Property Details: Details of real estate properties and their agreed disposition
3. Schedule C - Financial Disclosure: Full financial disclosure statements from both parties
4. Schedule D - Valuation Reports: Professional valuations of significant assets requiring formal valuation
5. Schedule E - Payment Schedule: Detailed schedule of any periodic payments or transfers to be made between parties
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