This Marital Domestic Separation and Property Settlement Agreement is a Separation and Property Settlement for persons with minor children. The parties do have joint property and/or debts. It provides that it is effective upon execution, or is not allowed to be effective upon execution, upon approval by the Court where a divorce action is pending, or to be filed. It contains detailed provisions about custody of the children, visitation, child support, etc. It also contains provisions allowing for the payment or non-payment of alimony.
Phoenix Arizona Marital Legal Separation and Property Settlement Agreement Minor Children no Joint Property or Debts effective Immediately
State:
Arizona
City:
Phoenix
Control #:
AZ-DO-10A
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
Arizona law allows married couples to request a legal separation instead of a divorce. If you have been a resident of Arizona for at least 90-days, you can file a petition (request) for legal separation (with or without children), in the county where you reside.
Arizona law defines sole and separate property as property acquired prior to the date of marriage, after the date of service in a divorce, gifts to one spouse, one spouse's inheritance, and pain and suffering damages.
5 Helpful Tips to Protect Yourself When Your Spouse Files for... Hire An Attorney. You may not know that you are not actually required to litigate a divorce.Cancel Joint Credit Cards.Keep Tight Records.Don't Sign Anything.Choose Your Words Carefully.Protect Yourself.
Disadvantages of Legal Separation Legal separation typically does not entitle you to your spouse's assets, whereas a divorce would force a division of current assets. Can't Remarry: You may heal and be ready for a future relationship given enough time. A legally separated person cannot marry a new person in the U.S.
What is a legal separation in Arizona? A legal separation is similar to an Arizona divorce, in that all assets and debts are separated and a parenting plan is finalized, but when legally separated, spouses remain legally married. A legal separation can be converted to a divorce at a later date.
With legal separation, all marital assets and debts are equally divided between the parties. In Arizona, assets and debts acquired during the couple's marriage are presumed to belong to the community.
Let's go over some basic steps you can take for protecting assets in a divorce. Know What You Own and What Your Spouse Owns.Know the Value of Your Assets.Act Early: Try a Trust or Pre/Postnuptial Agreement.Don't Comingle Assets.Don't Sell, Transfer, or Change Your Property.Hire a Good Attorney.
Let's go over some basic steps you can take for protecting assets in a divorce. Know What You Own and What Your Spouse Owns.Know the Value of Your Assets.Act Early: Try a Trust or Pre/Postnuptial Agreement.Don't Comingle Assets.Don't Sell, Transfer, or Change Your Property.Hire a Good Attorney.