A separation agreement is a legal contract that outlines the division of assets, child custody, and support following the end of a common law relationship. In Quebec, common law couples have the same rights and responsibilities as married couples after living together for one year or if they have a child together.
Many couples choose to create a separation agreement to avoid the time and cost of going to court. It allows the couple to negotiate terms that work best for their specific situation, rather than leaving those decisions up to a judge.
In Quebec, the Civil Code outlines the requirements for a valid separation agreement. It must be in writing and signed by both parties in the presence of a notary or signed before two witnesses. The agreement must also list all assets, debts, and other property and outline how they will be divided.
Child custody and support arrangements must also be included in the agreement. The agreement should address the child`s living arrangements and how important decisions will be made, as well as the financial support each parent will provide.
In addition to the division of assets and child custody and support, the separation agreement should also address any outstanding debts or liabilities and clarify how they will be paid off. It may also detail any spousal support arrangements.
Creating a separation agreement can be a complex process, especially if there are many assets or children involved. It is important to consult with a family law lawyer to ensure that the agreement meets all legal requirements and protects your interests.
Overall, a separation agreement in Quebec is an effective way for common law couples to legally end their relationship without going through the court system. By negotiating the terms of the agreement, couples can ensure a smooth and fair division of assets and responsibilities.