Deed of Separation Between Husband and Wife Where There Has Been a Marriage Settlement
Deed of Separation Between Husband and Wife Where There Has Been a Marriage Settlement
THIS SEPARATION DEED is made, etc., BETWEEN A B, of, etc. (hereinafter called the Husband), of the one part, and C B, the wife of the said A B, (hereinafter called the Wife), of the other part:
WHEREAS:
- Unhappy differences have arisen between the Husband and Wife, and they have agreed to live separately in the future and to enter into the arrangement as hereinafter contained.
- By a Settlement dated, etc., and made, etc. (being a Settlement made in consideration of the marriage of the Husband and Wife), where E F and G H are the present trustees, certain investments and other property (hereinafter called the Husband’s Trust Fund and the Wife’s Trust Fund respectively) were settled on behalf of the Husband and Wife upon trust.
- Under this trust, the income of the Husband’s Trust Fund is payable to the Husband during his life, and the income of the Wife’s Trust Fund is payable to the Wife during her life.
- The income of both Trust funds is payable after the death of either of them to the survivor of them during his or her life.
- There has been no issue of the said marriage.
Now, in pursuance of the said arrangement and in consideration of the premises, This Deed Witnesseth and it is hereby agreed as follows:
- The parties hereto will henceforth live separately from each other. Neither of them will take proceedings against the other for restitution of conjugal rights, nor molest, annoy, or interfere with the other in any manner whatsoever.
- The yearly sum of Rs ……… part of the income of the Husband’s Trust Fund, shall (in addition to the income of the Wife’s Trust Fund, payable to her as aforesaid) be paid to the Wife during the joint lives of the Husband and Wife, if they shall so long live separately from each other [and she shall continue to lead a chaste life], by equal half-yearly payments on the ……… day of ……… and the ……… day of ……… in every year. The first payment shall be made on the ……… day of ……… next.
- The Husband, as Settlor, hereby assigns to the Wife the said yearly sum and directs the trustees for the time being of the said Settlement to pay the sum to her accordingly.
- The Wife shall pay her own debts and keep the Husband indemnified therefrom. If the Wife shall make default in observing this covenant, all money paid by the Husband in respect of any debt or liability of the Wife may be retained by him out of the yearly sum payable to the Wife as aforesaid.
- The petition presented to the High Court at [ ………] by the ……… shall be withdrawn, and all costs incurred in relation thereto shall be paid by the Husband.
- No new or other proceedings shall be taken by either party in the said court on account of any alleged misconduct of either party before the date hereof.
IN WITNESS, etc.
[Signature of both the parties]
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This article explores a specific type of Deed of Separation – one that involves a pre-existing Marriage Settlement.
This scenario is particularly relevant when couples have established trusts or other financial arrangements before or during their marriage.
Legal Point of this Type of Deed:
- Recognition of Existing Settlement: The deed explicitly acknowledges the existence of a prior Marriage Settlement, which likely outlines the distribution of assets and income between the spouses.
- Separation Agreement: The primary purpose of the deed is to formalize the separation of the spouses, outlining their future living arrangements and financial obligations.
- Maintenance Provision: In this case, the deed provides for the wife’s maintenance by allocating a portion of the husband’s trust fund income to her.
- Indemnity Clause: The wife agrees to be responsible for her own debts and indemnifies the husband from any liabilities she may incur.
- Withdrawal of Legal Proceedings: The deed may include clauses to withdraw any pending legal proceedings between the spouses and prevent future legal actions related to pre-separation conduct.
Importance of Legal Counsel:
When dealing with complex situations involving pre-existing Marriage Settlements, it is crucial to consult with legal professionals, such as those at Legal Light Consulting. Experienced attorneys can:
- Analyze the Marriage Settlement: Carefully review the terms of the existing settlement to understand its implications for the separation agreement.
- Draft a Comprehensive Deed: Ensure the separation deed addresses all relevant issues, including maintenance, property division, and other relevant matters.
- Protect Your Rights: Advocate for your best interests and ensure that your rights are protected under both the Marriage Settlement and the Separation Deed.
Disclaimer: This article is for informational purposes only and does not constitute legal advice.
Contact Legal Light Consulting:
For personalized legal advice and assistance with separation agreements, particularly those involving pre-existing Marriage Settlements, please contact Legal Light Consulting.
Our experienced team can provide expert guidance and ensure that your legal needs are met effectively.
Remember: This type of separation agreement requires careful consideration and legal expertise to ensure that all aspects of the existing Marriage Settlement are properly addressed and that the rights and interests of both spouses are protected.