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Michael Schuster from the Divorce Specialist Group discusses the implications of creating your own separation agreement to save on legal and mediation fees. While many find online resources for drafting these agreements, achieving a fair split of assets and custody can be challenging, even with amicable intentions. Schuster emphasizes the importance of being cautious when drafting or signing an agreement, as verbal or written agreements that contradict the law can lead to complications. He highlights the necessity of considering various critical factors before proceeding with a DIY separation agreement, stressing the value of professional guidance in the process.