Affidavit of Separation Agreement
I. Introduction
This Affidavit of Separation Agreement is executed by [YOUR NAME] and [SPOUSE/PARTNER NAME] on December 10, 2050, to confirm and outline the terms and conditions of our separation.
II. Terms of Separation
This section outlines the primary terms agreed upon by both parties during the separation. It includes the division of assets, child custody arrangements, and any spousal support or alimony obligations.
Asset Division
The following assets will be divided between the parties:
Asset Type | Party 1 | Party 2 | Comments |
|---|
Family Home | 123 Elm Street, City | [Party 2’s Address] | Property to be sold |
Vehicle (2019 Toyota) | Yes | No | Party 1 will retain |
Bank Accounts | 50% | 50% | Equal distribution |
Retirement Accounts | 60% | 40% | Party 1 to keep more |
Child Custody and Support
The following child custody arrangements have been agreed upon:
Child’s Name: Jane Doe
Custody: Joint Custody
Visitation: Party 2 will have visitation rights every weekend.
Child Support: Party 1 will pay $500 monthly, starting January 1, 2051.
III. Spousal Support
Both parties have agreed to the following terms regarding spousal support:
Party 1 (Payor): [YOUR NAME]
Party 2 (Recipient): [SPOUSE/PARTNER NAME]
Amount: $1,000 per month
Duration: Payments will continue for 24 months, with the final payment on December 10, 2052.
IV. Conclusion
This document reflects the mutual agreement between [YOUR NAME] and [SPOUSE/PARTNER NAME] as of December 10, 2050. Both parties affirm that they have read and understood the terms and voluntarily enter into this agreement.
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
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