When the inevitable occurs and a couple decides they can no longer live together, a separation might be the best option until making the decision to divorce. There are several benefits that a separation can provide. It is a good idea to look at this choice before deciding if divorce is actually what both parties want.
Retaining Health Care Benefits
Generally, unless it is included in the terms of the divorce when a couple ends their marriage, health care benefits for one spouse end. This is particularly true if the benefits are in only one name. When a couple separates, they are still considered married, so the benefits could remain in place. This can be a very important aspect if the party that would be dropped in a divorce has ongoing health issues that require medical treatment.
Joint Accounts
Most married couples have joint accounts for credit, savings, and checking. If they divorce, the accounts will most certainly be closed out, and each party will be responsible for opening their own account. If they separate, the agreement will need to stipulate whether the joint accounts are to be closed or remain open. There will probably be outstanding debt, especially for credit accounts. The agreement also needs to state who is responsible for paying this debt. Will it remain as it was or change?
Time to Decide on the Best Choice
Sometimes, couples may just need time apart to decide if they actually want to divorce or work on their marriage. They may both just need a little breathing room to allow them to make the best choice. This is particularly true if one partner feels the other has been unfaithful. Whether or not they were, the spouse that feels they were wronged needs to decide if they can put this in the past or not. This is why firms such as Hackworth Law PA works with clients that decide a separation agreement tampa is the best choice.
Many times separating can be advantageous for both parties. If there are children involved, this can allow them time to adjust to their parents living apart if eventually they decide to divorce.