Document background
The 50/50 Separation Agreement is utilized when married couples or civil partners in England and Wales decide to separate and divide their assets equally. This document is particularly relevant when parties wish to formalize their separation arrangements prior to or instead of immediate divorce proceedings. The agreement includes comprehensive details about asset division, property arrangements, financial obligations, and may cover child arrangements where applicable. While not automatically legally binding, courts generally uphold such agreements if they are properly drafted, executed with independent legal advice, and both parties have provided full financial disclosure.
