What is a Separation Agreement? Why is it Important in an Ohio Dissolution?

Ohio separation agreement for dissolution

Why an Ohio Separation Agreement for Dissolution is Crucial in Ending a Marriage

Ohio separation agreement for dissolutionFor many, ending a marriage is a time filled with uncertainty. Nearly all aspects of a family’s life will change, including their finances, child care and custody, and living situations. In Ohio, other than by an annulment, there are two ways to terminate marriages: by dissolution and by divorce. Divorces frequently require a significant amount of judicial intervention, which may not be preferable for spouses who are able to agree to terms of their separation without the need for a third party to make decisions for them. Dissolution is a more amicable alternative to divorce in which spouses both agree to ALL of the terms of their Ohio separation agreement for dissolution, terminating the marriage.

Dissolution is a process which allows the spouses to maintain a substantial amount of control over their situation. However, prior to obtaining a dissolution in Ohio, spouses must prepare and execute an Ohio separation agreement for dissolution, in which they set forth mutually agreed-upon terms regarding the ending of their marriage. This is essentially a legally binding agreement, in which they allocate all liabilities and assets. There are several key components that … Read More... “What is a Separation Agreement? Why is it Important in an Ohio Dissolution?”