Child Custody Agreements
Child custody agreements, also referred to as parenting plans or shared care agreements, specify who the children live with and how much time they spend with the other parent after separation.
Child custody agreements, also referred to as parenting plans or shared care agreements, specify who the children live with and how much time they spend with the other parent after separation.
Agreements to do with child custody come in several shapes and sizes.
In amicable circumstances, separating couples may go for a verbal or an informal agreement, however, in our experience, these can come back to bite one of the parties if the other party changes their mind. Limited child support agreements can also by limited in terms of flexibility to dictate terms and only stay in place for up to 3 years.
To legally protect your assets and the custody of your children, we generally recommend seeking advice on obtaining a binding child support agreement. These allow parents to make binding financial agreements about child support.