A Separation Agreement is a contract that sets forth the rights and duties of married parties who are contemplating a divorce or legal separation. The requirements and effects of these agreements are governed by statute. It is important to note that terms providing for custody, support and parenting time of children are not binding upon the court. Regarding agreements to divide property, the court will first review the agreement to ensure that there has been no fraud, overreaching, asset concealment, or dealings that are inconsistent with the duties that parties owe one another as spouses. The court may order the parties to revise the agreement, or it may make its own orders. To ensure that the agreement is drafted correctly the first time, contact Patricia A. Riley, LLC.