Marital Separation Agreement
This Marital Separation Agreement is made on this ____ day of __________, 20__, by and between:
Party A: ______________________________, residing at ______________________________.
Party B: ______________________________, residing at ______________________________.
This agreement is intended to outline the terms and conditions under which the parties will separate, in accordance with the laws of the State of __________.
1. Separation Date: The parties agree that their separation will commence on __________.
2. Child Custody: If applicable, the parties agree to the following arrangements regarding any minor children:
- Legal Custody: ______________________________________________________.
- Physical Custody: ____________________________________________________.
- Visitation Rights: ____________________________________________________.
3. Child Support: Party A shall pay Party B the sum of $_________ per month as child support. Payments shall begin on __________ and continue until the child turns 18 or graduates from high school, whichever occurs later.
4. Division of Property: The parties agree to divide their property as follows:
- Party A shall receive: ______________________________________________.
- Party B shall receive: ______________________________________________.
5. Debt Responsibility: Each party agrees to be responsible for the following debts:
- Party A: __________________________________________________________.
- Party B: __________________________________________________________.
6. Health Insurance: The parties agree to the following arrangements regarding health insurance:
- Party A will maintain coverage for the children until they are 18.
- Party B will maintain coverage for themselves until further notice.
7. Modification of Agreement: This agreement can only be modified in writing, with both parties' consent.
8. Governing Law: This agreement shall be governed by and construed in accordance with the laws of the State of __________.
IN WITNESS WHEREOF, the parties have executed this Marital Separation Agreement as of the date first above written.
Party A Signature: ___________________________ Date: ________________
Party B Signature: ___________________________ Date: ________________