A support agreement refers to a deal between a husband and wife whereby one seeks financial support from the other when they separate or get divorced. There can be many types of support agreements. In spousal support agreement, one of the spouses gets a regular amount of funds from the other. In most cases, the mother gets the custody of a child if there is a divorce, so the father pays the mother part of the expenses of raising a child known as child support agreement.
The agreement must be written in such a way that the terms are acceptable to both parties and must be written after taking into account a few factors like the income of the spouse, the child’s or spouse’s needs and financial situation and so on. Once all these aspects have been considered one can decide who will take responsibility of physical support or custody and who will be in charge of financial support or if both will financially support the child.
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Sample Support Agreement
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