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Jessica Culver, a family lawyer at Dummit Fradin, explains that a separation agreement is a contract between spouses addressing various issues related to their separation before divorce. It can cover property division, spousal support, and other important matters identified during an initial consultation. The separation agreement can simplify the process, making it more amicable by avoiding trials and court proceedings. However, it is also possible to resolve some issues through a separation agreement while still taking others to trial. Overall, it is an effective way to settle matters without involving the court.