What is a separation agreement?

A separation agreement is a legal document signed by both spouses of a married couple in South Carolina when they are getting a divorce. The agreement outlines the responsibilities and expectations of each party during and after the divorce. This document is the basis of the divorce settlement and is legally binding. The separation agreement usually includes details about a variety of issues, such as child custody, visitation rights, alimony, debt division, asset division, and other relevant topics. It may also outline other issues such as tax payments or life insurance benefits. In South Carolina, it is important that both parties understand and willingly agree to all elements of the agreement. The agreement does not necessarily have to be finalized before the divorce is granted, but it is important that both parties are in agreement in order for the divorce to be granted. Once finalized, both parties must sign the agreement before it is filed and the divorce is official. The separation agreement will have legal repercussions and should not be taken lightly.

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