What terms should be included in a separation agreement?

Property Settlement Agreements should address and resolve all of the rights and obligations arising from your marriage to one another. Naturally, the terms of such agreements will vary, but the following items are typically addressed:

• Custody of the children;

• Visitation with the children;

• Child support;

• Alimony or spousal support;

• Property and debt division;

• Insurance (medical, dental and life); and

• Income taxes

Naturally, many other items are often addressed. Because property settlement agreements are important contracts between the parties, it is highly recommended that you consult with an attorney prior to executing such an agreement.