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Marital Legal Separation and Property Settlement Agreement where No Children or No Joint Property or Debts and Divorce Action Filed - Arkansas 2025

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The document is a Separation Agreement for married couples in Arkansas without children, outlining the terms of their separation and property settlement prior to divorce. It details the responsibilities regarding assets, debts, and mutual waivers of alimony. Both parties agree to live separately, disclose financial information, and execute necessary documents for property division. The agreement emphasizes the importance of legal consultation and is intended to be binding upon court approval.

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How to use or fill out Marital Legal Separation and Property Settlement Agreement where No Children or No Joint Property or Debts and Divorce Action Filed - Arkansas

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Click ‘Get Form’ to open it in the editor.
Begin by entering the full legal names of both parties at the top of the document, ensuring accuracy for legal purposes.
In Section 1, confirm the separation details and ensure both parties agree to live separately without interference.
Complete Section 2 by disclosing financial statuses. Each party should list their assets and liabilities clearly.
In Section 3, specify ownership of personal property. Clearly indicate which items belong to whom, including household furnishings.
Section 4 confirms there are no children involved. Ensure this is accurately stated.
Review Sections 5 through 21 carefully, ensuring all agreements regarding debts, alimony waivers, and future earnings are understood and agreed upon.
Once completed, both parties must sign the document in front of a notary public to validate the agreement.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between a legal separation and a trial separation?

A settlement agreement differs from a separation agreement as it sets the terms for the divorce, not the separation. A settlement agreement should address all central issues of the divorce. This can include things like division of marital assets and debts, child custody, and child support, as well as spousal support.

What is the difference between legal separation and divorce in Arkansas?

Arkansas is an equitable division of property state. This means property accrued during the marriage is divided in an equal manner. This may include all real estate, investment accounts, retirement accounts, and any other assets.

Why get a legal separation instead of a divorce?

If youre involved in a standard marriage (not covenant), and you would like a legal separation, you can file a petition for separation if you can prove that you and your spouse have lived separate and apart for at least 18 months.

What makes you legally separated in Arkansas?

Choosing legal separation over divorce can also have a downside. It may lead to financial problems in your future, for example, or make it harder to get a divorce later if your spouse moves and you cannot locate him or her.

What is the difference between a marital separation agreement and a marital settlement agreement?

A legal separation is when a married couple decides to live separately, but remains legally married. A divorce is the legal dissolution of marriage meaning the court terminates the marriages legal bond, determines child custody and support if needed, and divides the couples assets and liabilities.

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