Virginia Divorce│Omitted Property in Separation Agreement by Virginia Divorce Lawyer Omitted Property. What happens in an agreement when you fail to mention property that’s been omitted in the agreement. Normally, if you fail to discuss it then it’s probably going to the person who has title or ownership to the property. One of the clauses you might want to put in your Separation Agreement is an Omitted Property Clause. This clause will spell out what is going to happen to any property that was omitted purposely or by accident.
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Survivor Benefit/Joint Annuity in Separation Agreement by Virginia Divorce Attorney Survivor Benefit or Joint Annuity, if your husband has a pension or Defined Contribution or Defined Benefit Plan. He is going to receive certain amount of money a month over his life. But upon his death that plan is discontinued unless you’ve taken an option called either Survivor Benefit Plan or Joint and Several Annuity. This means you would receive certain amount of money during his lifetime and upon his death.You would continue to receive money possibly at a lesser amount base on what you contracted with the insurance company who holds the annuity under which the pension is paid.
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