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Marital Separation And Property Settlement Agreement
"I need a Marital Separation and Property Settlement Agreement for a couple separating in March 2025, with two minor children, a jointly-owned home in Ontario, and standard pension/RRSP assets to divide; both parties have agreed to shared custody and selling the family home."
1. Parties: Identification and details of both spouses entering into the agreement
2. Background: Facts about the marriage, separation date, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Separation and Living Arrangements: Confirmation of separation and future living arrangements
5. Division of Property: General principles and specifics of how matrimonial property will be divided
6. Matrimonial Home: Disposition or ongoing arrangements regarding the family home
7. Debts and Liabilities: Division and responsibility for joint and individual debts
8. Spousal Support: Terms of spousal support, including amount, duration, and review conditions
9. Release and Indemnity: Mutual releases and indemnifications regarding property and claims
10. Death and Succession: Effect of death on obligations and waiver of estate claims
11. Tax Provisions: Handling of tax matters and obligations
12. Dispute Resolution: Process for resolving future disputes
13. General Provisions: Standard clauses including governing law, amendments, and severability
14. Independent Legal Advice: Acknowledgment of receiving independent legal advice
15. Execution: Signing details and witness requirements
1. Children: Required if there are children - covers custody, access, support, and parenting arrangements
2. Business Interests: Required if either party owns a business - covers valuation and division of business assets
3. Pets: Required if there are pets - covers custody and care arrangements
4. Pension and Retirement Benefits: Required if either party has significant pension assets
5. Insurance Provisions: Required if maintaining life or health insurance is part of the agreement
6. International Assets: Required if parties have assets in multiple jurisdictions
7. Future Dispute Resolution: Optional detailed ADR procedures
8. Religious Divorce: Required if parties need religious divorce proceedings
9. Social Media and Privacy: Optional section regarding social media conduct and privacy expectations
10. Future Education Expenses: Optional if parties want to address future education costs for children
1. Schedule A - Assets: Detailed list of all matrimonial assets and their agreed values
2. Schedule B - Debts: Detailed list of all matrimonial debts and liabilities
3. Schedule C - Household Contents: Itemized list of household items and their division
4. Schedule D - Parenting Schedule: Detailed parenting time schedule if children involved
5. Schedule E - Support Calculations: Detailed calculations for child and/or spousal support
6. Schedule F - Insurance Policies: List of insurance policies and beneficiary arrangements
7. Schedule G - Business Valuations: Business valuation reports and division details
8. Appendix 1 - Financial Statements: Sworn financial statements of both parties
9. Appendix 2 - Property Appraisals: Professional appraisals of significant assets
Authors
Effective Date
Separation Date
Matrimonial Home
Family Property
Excluded Property
Net Family Property
Matrimonial Assets
Matrimonial Debts
Child
Children of the Marriage
Spousal Support
Child Support
Income
Guidelines Income
Property
Joint Property
Separate Property
Business Assets
Pension Benefits
Valuation Date
Financial Disclosure
Independent Legal Advice
Release
Indemnity
Matrimonial Property
Court
Mediation
Arbitration
Household Contents
Parties
Child Custody
Access
Parenting Time
Decision-Making Responsibility
Contact
Special
Dependent
Cohabitation
Reconciliation
Best Interests of the Child
Inalienable Rights
Default
Encumbrance
Material Change in Circumstances
Jurisdiction
Governing Law
Recitals
Definitions
Separation
Property Division
Asset Transfer
Debt Allocation
Spousal Support
Child Support
Child Custody
Parenting Arrangements
Release and Waiver
Indemnification
Matrimonial Home
Pension Rights
Insurance
Estate Rights
Tax Matters
Dispute Resolution
Mediation
Arbitration
Confidentiality
Non-Harassment
Future Conduct
Independent Legal Advice
Financial Disclosure
Amendment
Severability
Governing Law
Jurisdiction
Entire Agreement
Further Assurance
Notice
Binding Effect
Acknowledgment
Execution
Legal Services
Financial Services
Real Estate
Insurance
Banking
Professional Services
Family Services
Mediation Services
Property Management
Business Consulting
Legal
Family Law
Corporate Law
Document Processing
Paralegal Services
Risk Management
Wealth Management
Client Relations
Mediation Services
Property Services
Family Law Attorney
Legal Associate
Paralegal
Financial Advisor
Divorce Mediator
Family Court Judge
Legal Document Specialist
Estate Planner
Business Valuator
Property Appraiser
Pension Administrator
Family Law Legal Assistant
Corporate Counsel
Risk Management Officer
Wealth Management Advisor
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