The Oregon legal separation lawyers at Gearing, Rackner & McGrath have outlined how legal separations work in the state and the financial considerations involved when couples choose the option.
A legal separation is a court-ordered judgment that allows married couples to live separate lives and remain married. It addresses many of the same issues as divorce.
A legal separation agreement involves a judge dividing the couple’s debts and assets. The judge will make decisions regarding benefits, property division, child custody, child support, parenting time and spousal support.
There are many reasons couples might choose legal separation instead of divorce. These include Oregon’s residency requirements, religious beliefs regarding divorce, potential for reconciliation and end of life planning.
Legal separation can also be beneficial for insurance purposes. Neither spouse can make changes to insurance premium payments or beneficiaries until the separation is terminated.
For details visit: https://grmfamilylaw.com/services/legal-separations-annulments/
Gearing Rackner & McGrath
121 SW Morrison St #850
Portland, OR 97204
503.222.9116