Professional Joint Affidavit of Separation
I. Introduction
This Professional Joint Affidavit of Separation is executed by [PARTY A NAME] and [PARTY B NAME] to formally declare their intention to live separately as of May 1, 2050. Both parties have mutually agreed on the terms and conditions of their separation as outlined below.
II. Separation Details
Both parties, [PARTY A NAME] and [PARTY B NAME], hereby declare that they have been living separately since May 1, 2050. The separation has been mutually agreed upon and is to remain in effect until further arrangements are made. Both parties have made efforts to amicably divide their financial responsibilities and resolve other issues that may arise during this period of separation.
The following are the agreed-upon separation terms:
Separation Term | Party A (Name) | Party B (Name) | Effective Date |
|---|
Date of Separation | May 1, 2050 | May 1, 2050 | May 1, 2050 |
Shared Property Distribution | 50% share | 50% share | May 1, 2050 |
Child Custody (if applicable) | Primary Custody | Shared Custody | May 1, 2050 |
Both parties acknowledge that any further adjustments or changes to the terms of the separation will require a new agreement documented and signed by both parties.
III. Financial Agreement
The financial arrangements between the parties have been discussed and agreed upon. Both parties have consented to the following terms regarding alimony, child support (if applicable), and the division of assets:
Financial Term | Party A (Name) | Party B (Name) | Effective Date |
|---|
Alimony/Spousal Support | $2,000 per month | $0 | May 1, 2050 |
Child Support (if applicable) | $1,000 per month | $500 per month | May 1, 2050 |
Property Division | 50% of the marital home | 50% of the marital home | May 1, 2050 |
Both parties agree to abide by these financial terms and acknowledge that they have made informed decisions. Any future changes to this agreement shall be made in writing, signed by both parties.
IV. Conclusion
By signing this Professional Joint Affidavit of Separation, both parties affirm that they have voluntarily entered into this agreement and are committed to its terms. Any modifications will require mutual consent and legal documentation.
Prepared by: [YOUR NAME]
[YOUR EMAIL]
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