The Valuation Date is the “finish line” for your financial marriage. On this day, the value of all bank accounts, investments, and house prices is “frozen” for the purpose of the law. Any money you earn after this date is yours alone, but any debt you incur is also your sole responsibility. Clear agreement on this date is essential.
Do I need a separation agreement if we don’t have kids?
Yes. Even without children, a separation agreement is vital to formally "waive" or set the terms for spousal support and to finalize the division of property and debts. Without a signed agreement, your ex-spouse could potentially...
