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In divorce proceedings, pets are treated as property by the courts, which can lead to one party being awarded sole ownership. Max Ruthenberg Marshall, attorney and founder of Porchlight, emphasizes the importance of a pet custody agreement for couples to maintain their relationship with shared pets post-divorce. This agreement functions as a contract that outlines joint ownership and custodial arrangements for the pets, allowing both parties to remain involved in their lives. The pet custody agreement typically includes identification of the pet(s), visitation schedules, and responsibilities for care, ensuring a continued bond despite the separation.