1. If the support clause is properly drafted, the support clause may be deductible for the payer and therefore taxable for the beneficiary. To be deductible from the payer, it must end with the death of the beneficiary. It is also acceptable not to subject the payment of support to the recipient if it is not deductible for the payer. This is a particularly important concept and the agreement should clearly state how maintenance payments should be treated tax-wise. Another category of properties that can be subdivided is “divisible property.” This is the property that comes from the marital property, but does not exist at the time of separation (DOS). For example, interest and dividends on financial assets under the DOS, post-DOS appreciation (or amortization) and earnings received under DOS for services prior to DOS. 20. Mutual release. Subject to the provisions of this Agreement and any act or other act or instrument or act or other instruments, each party hereafter exonerates any other means, claim, right or claim, in law or in court, that one party has ever had or now has against the others. , known or unknown, because of a case, cause or cause until the time of implementation of this agreement, except for the reason for the divorce application on the basis of the separation of the parties. The intention of the parties is that in the future, only the rights and obligations expressly provided for by this agreement, the right to divorce and the rights and obligations expressly provided for in any instrument or instrument expressly provided for by this agreement will be maintained at the same time or within the framework of that agreement, provided, however, that the releases provided in this agreement do not apply to the social security rights that the parties may have for reasons.
of their marriage. You should NOT use the separation agreement if you do not know where your spouse is or if your spouse refuses to consent. Instead, the best way to use a separation agreement is where both spouses have had a mutual understanding of how they wish to manage the “business” of separation. Both spouses must sign the agreement.