FAQ: What's involved in a Separation Agreement?

Posted on: 17/03/2026

Category: FAQs

If you’re looking to separate rather than divorce, it’s best to seek independent legal advice from the outset, so you can be sure that everything’s covered. As part of the process, both parties need to disclose complete and honest information about your financial circumstances, including assets, liabilities, income, and pensions.

You’ll need to discuss how you wish to divide your assets and handle ongoing responsibilities, which you can do with the help of mediators or solicitors like SME. Once this has taken place, a solicitor will prepare a draft of the agreement. Both should seek separate, individual advice and will need to review the document independently. Once both parties are happy with the document, they can sign.

After this point, the agreement will be in place and you’ll need to carry out the practical aspects of the agreement, such as transferring property or setting up maintenance payments. These documents can be invaluable to regularise the commitments and obligations that each party makes to each other and the family, which helps to minimise conflict and misunderstanding in the future.

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