SEPARATION AGREEMENT

THIS AGREEMENT is made as of [DATE], between [PARTY A FULL NAME] ("Party A") and [PARTY B FULL NAME] ("Party B"), collectively "the Parties."

RECITALS

A. The Parties were [married / in a common-law relationship] on [DATE]. B. The Parties have separated and have been living separate and apart since [DATE]. C. The Parties desire to settle all rights and obligations arising from their relationship.

1. CHILDREN

1.1 Children of the Relationship

| Name | Date of Birth | |------|--------------| | [NAME] | [DOB] |

1.2 Custody and Guardianship

The Parties shall share [joint / sole] custody.
[DETAILS OF DECISION-MAKING RESPONSIBILITIES]

1.3 Parenting Schedule

Primary residence: [PARTY A / PARTY B / SHARED]
Access schedule: [DETAIL WEEKLY AND HOLIDAY SCHEDULE]
Holiday schedule: [DETAIL]

1.4 Child Support

Payor: [PARTY A / PARTY B]
Amount: $[AMOUNT] per [month]
Based on: [FEDERAL/PROVINCIAL/STATE GUIDELINES]
Payable on the [DAY] of each month.
Review date: [ANNUAL DATE]

2. SPOUSAL SUPPORT

Payor: [PARTY A / PARTY B / N/A]
Amount: $[AMOUNT] per month
Duration: [PERIOD / INDEFINITE]
Termination events: [REMARRIAGE / COHABITATION / DEATH / DATE]

3. PROPERTY DIVISION

3.1 Matrimonial/Family Home

Address: [ADDRESS]
Current value: $[AMOUNT]
Awarded to: [PARTY A / PARTY B / SOLD]
Buyout amount (if applicable): $[AMOUNT]

3.2 Other Real Property

| Property | Value | Awarded To | Equalization | |----------|-------|------------|-------------| | [ADDRESS] | $[AMOUNT] | [PARTY] | $[AMOUNT] |

3.3 Vehicles

| Vehicle | Value | Awarded To | Loan Responsibility | |---------|-------|------------|-------------------| | [DESCRIBE] | $[AMOUNT] | [PARTY] | [PARTY] |

3.4 Pensions and RRSPs/401(k)

[DETAIL EACH PENSION AND DIVISION METHOD]

3.5 Bank Accounts and Investments

| Account | Institution | Balance | Awarded To | |---------|------------|---------|------------| | [DESCRIBE] | [BANK] | $[AMOUNT] | [PARTY] |

3.6 Debts and Liabilities

| Creditor | Amount | Responsibility | |----------|--------|----------------| | [CREDITOR] | $[AMOUNT] | [PARTY] |

4. PERSONAL PROPERTY

Each Party retains the personal property currently in their possession.
[SPECIFIC ITEMS TO BE TRANSFERRED]

5. INDEPENDENT LEGAL ADVICE

Each Party acknowledges having been advised to obtain independent legal advice and has had the opportunity to do so. [PARTY A obtained / did not obtain] ILA. [PARTY B obtained / did not obtain] ILA.

6. FULL AND FINAL SETTLEMENT

This Agreement is in full and final settlement of all claims between the Parties arising from their relationship, except as expressly provided herein.

7. GENERAL TERMS

Amendment: Only in writing, signed by both Parties.
Governing Law: [JURISDICTION]
Severability: If any provision is unenforceable, the remainder shall stand.
Disclosure: Each Party has made full disclosure of all relevant financial information.

SIGNATURES

Party A: _______________________ Date: __________

Party B: _______________________ Date: __________

Witness (A): __________________ Date: __________

Witness (B): __________________ Date: __________