A separation agreement is a drafted judicial document that records the agreement of marriages and divorces of couples married before the divorce. The separation agreement must be signed and verified to be valid. A separation agreement must be entered deliberately with full understanding and full disclosure on the part of both sides to be implemented.
Many people confuse the separation agreement with "legal separation". In general, the separation agreement is not a legal separation. A "legal separation" is the term given to the status of a married couple and "separation agreement" is just an executed contract between husband and wife regarding their agreement on their divorce. To get more information about separation agreement in Ontario, you can visit https://divorcego.ca/separation-agreement-toronto/
A contested divorce, or divorce without an agreement, can cost thousands of dollars in attorney's fees, court costs, and filing fees. Instead, uncontested divorce in which both parties have resolved their differences with the deal is much more expensive and time-consuming. A separation agreement can reduce the cost of divorce to solve important problems marital dissolution as alimony, child custody and visitation, child support and property distribution.
Image Source: Google
Most jurisdictions require the physical separation of the parties to influence the legal separation; However, some states allow married couples to continue living together for a period of legal separation (sometimes called cohabitation). Some countries require nothing more than the physical separation of the parties to initiate legal separation.
Most couples reward countries that have signed agreements with the separation allows the couple to divorce faster than their partner without a separation agreement. A separation agreement almost universally allows couples to pursue the divorce is uncontested that can be thousands of dollars cheaper than a contested divorce.