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Jessica Culver, a family lawyer at Dummit Fradin, explains that a separation agreement is a contract between parties that addresses various issues related to separation before divorce. This agreement can cover property division, spousal support, and other relevant matters identified during an initial consultation. It allows for a more amicable resolution, avoiding the need for a trial and court processes. However, couples can use a separation agreement for some issues while resolving others in court if necessary. Overall, it serves as an effective method to handle disputes without extensive legal proceedings.