When two people decide to end their relationship, there is a strong incentive to save some money by either making informal separation arrangements or by using one of the many separation agreement templates available online. While this may work for some people, the majority of couples benefit from professionally drafted agreements that are specific to their situation. Separation agreements are intended to deal with the care and support of children, including parenting arrangements and access and…
Grey Divorce
While separation and divorce are still more common in the younger population, the percentage of older individuals choosing to separate has been increasing. Seniors separating, or “grey divorce” as it is also called, encompasses those who are 55+ and are either separating from life-long partners or from subsequent partners after re-marrying. Generally, the same issues regarding spousal support and property division arise in grey divorce; however, the issues may be treated differently when the parties are…