FAQ: What does a Separation Agreement cover?
Posted on: 17/03/2026
Category: FAQs
Separation agreements can cover:
- Family home: Who will remain in the home, whether it will be sold, and how proceeds will be divided.
- Finances and debts: Division of savings, investments, pensions, and responsibility for mortgages, loans, and other debts.
- Maintenance arrangements: Whether one party will provide financial support to the other and for how long.
- Children: Arrangements for where children will live, contact schedules, and financial support.
- Household items: Division of furniture, vehicles, and other personal possessions.
- Future changes: How the agreement might be reviewed or amended if circumstances change.
- Legal status: Understanding that while not automatically legally binding, courts generally uphold separation agreements if properly drafted and fair.
A well-drafted separation agreement can provide clarity and certainty during a difficult time, potentially avoiding more costly and stressful court proceedings later. It can also form the basis for a consent order if you later decide to divorce.
Justine Lowe
If you have any questions or queries, please contact Justine Lowe on +44 1905 723561 or by email at justine.lowe@smesolicitors.co.uk.