There are separation agreements that you can have put into place instead of a legal separation. These contracts are designed to help couples settle all of the rights and interests of those involved in the divorce. Virginia law often refers to these as property settlement agreements or marital settlement agreements. There are several benefits to these, but the fact is that they are necessary.
Separation agreements give people better control over how things are settled rather than leaving it to a judge. It can be a good idea to at least try to draw one of these up, even if you have to do it with the assistance of a lawyer. These agreements will resolve all kinds of outstanding issues, including division of assets, property, and debts, as well as any spousal or child support, custody, and other issues.
A detailed separation agreement can often save a lot of time and hassle in the legal process once things get to court. It can also help keep the peace and keep both parties on the same page. It allows for the court to deem this a no-fault situation, and it can even shorten the time required for the separation. Even if you don’t have any joint assets or debts, it might still behoove you to go this route because it is quicker.
Bear in mind that these are agreements, and they are voluntary. If someone does not want to sign it, they don’t have to. Couples who can’t reach an agreement will have to wait for the 12 months to elapse before they can file for their no-fault divorce complaint. This is not a court order, and it is not legally binding. However, a separation agreement can be a helpful tool to have in your divorce.