A Pre Separation Agreement is utilized when married couples in Singapore are contemplating separation but are not yet ready for divorce proceedings. This document serves as a preliminary arrangement to manage the practical aspects of separation while providing time for reflection or reconciliation. The agreement typically includes provisions for asset division, living arrangements, financial responsibilities, and if relevant, children's matters. Under Singapore law, while not automatically binding in subsequent divorce proceedings, courts often consider these agreements when making final orders. The document must comply with Singapore's Women's Charter and related legislation, ensuring fair and reasonable terms for both parties.
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Key Requirements PROMPT example:
Pre Separation Agreement
"Need a Pre Separation Agreement for a couple married for 15 years with two children under 12, where both parties will continue living in Singapore but in separate residences, with shared custody arrangements and division of their HDB flat and joint investments to be documented."
1. Parties: Identification and details of both spouses
2. Background: Marriage details, reason for separation, and current living situation
3. Definitions: Key terms used throughout the agreement
4. Living Arrangements: Details of physical separation and residence
5. Financial Arrangements: Division of assets, debts, and ongoing financial responsibilities
6. Confidentiality: Privacy obligations of both parties
1. Children Arrangements: Provisions for custody, care and control, and access arrangements when parties have children
2. Maintenance Provisions: Spousal and/or child maintenance details when maintenance is agreed upon
3. Business Interests: Division or management of shared business interests when applicable
4. Pets: Arrangements for pet custody and care when parties have shared pets
1. Schedule of Assets: Comprehensive list of matrimonial assets and their agreed division
2. Schedule of Debts: List of shared debts and responsibilities
3. Children's Schedule: Detailed parenting plan including visitation schedule
4. Financial Disclosure: Statement of financial positions of both parties
5. Property Valuations: Professional valuations of significant assets
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