Financial Agreements
Financial Agreements
The purpose of a Financial Agreement is to state how the assets, such as property and other financial resources, will be distributed after separation or divorce. Instead of going to Court, if parties can reach a mutual agreement between themselves, either by negotiation or by mediation, then they can record the terms of their settlement in a Financial Agreement. This can ultimately save you time, money and stress. Financial Agreements can also deal with how much, if any, spousal maintenance is to be paid from one party to the other on separation.