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In this video, Ken Novenstern from Fredman Bacon and Novenstern LLP discusses the significance of separation agreements in the context of divorce. He emphasizes that these agreements are crucial for establishing the terms of separation or divorce, whether approached collaboratively or through litigation. Novenstern notes that many cases eventually lead to a stipulation of settlement or separation agreement. He also highlights his recent experiences with clients who, after being divorced for a few years, find themselves revisiting court or mediation to address issues related to their original agreements. This underscores the ongoing importance of well-structured separation agreements in family law.