Unlike a divorce, a legal separation does not end a marriage. Instead, the couple will live separately. This can be a positive step for some couples considering a divorce. It provides time for the two of you to reflect on the marriage and see what the future holds.
The most important part of a legal separation is the agreement that the couple has made. This is a formal government action that details the terms of the separation.
There are several reasons to consider a legal separation, including maintaining health insurance benefits, making the transition to a divorce easier, and protecting your finances. In addition, a separation can also allow you and your spouse to map out a post-divorce life together.
A legal separation may also be useful if you are unsure about whether or not to divorce.
For instance, you can file tax returns as a married couple, even if you are legally separated. Also, you can continue to participate in health insurance benefits from your former spouse’s job. However, you still need to freeze your joint accounts and have your name removed from them.
There are many other legal actions that you can take to protect your finances, including removing your name from your credit cards and other accounts. It is also a good idea to get a lawyer. Your attorney can advise you on which of these actions is best for you.
