Custody Agreement between Assets Premier Money Trust and The Bank of New York dated 00/00. 43 pages.
New York Custody Agreement refers to a legally binding document that outlines the terms and conditions for the care, custody, and visitation of a child or children following a separation or divorce in the state of New York. This agreement is crucial for ensuring the well-being and best interests of the child are protected, as well as to establish the rights and responsibilities of each parent or guardian involved. Key points to consider within a New York Custody Agreement may include: 1. Legal Custody: This outlines which parent or guardian has the authority to make major decisions regarding the child's education, healthcare, religion, and general welfare. It can be joint (both parents make decisions together) or sole (one parent has the primary decision-making authority). 2. Physical Custody: This determines where the child will live and the amount of time they spend with each parent or guardian. It can be joint or sole custody, and arrangements can range from shared physical custody, where the child spends roughly equal time with both parents, to primary physical custody with visitation rights for the noncustodial parent. 3. Visitation or Parenting Time: This section specifies the schedule for when the noncustodial parent or guardian, often referred to as the "visiting" parent, will have access to the child. It may include details about regular visitation, holidays, vacations, and other special occasions. 4. Child Support: While not directly part of the custody agreement, it is common for child support arrangements to be addressed alongside custody. This includes the financial support that the noncustodial parent will provide to the custodial parent or guardian to help cover the child's expenses. Different types of New York Custody Agreements can include: 1. Joint Custody Agreement: In this type of agreement, both parents share legal and physical custody of the child. They have equal decision-making authority and responsibility for the child's well-being. 2. Sole Custody Agreement: In a sole custody agreement, one parent is granted both legal and physical custody of the child. The noncustodial parent may still have visitation rights, but they do not have decision-making power. 3. Shared Custody Agreement: This agreement involves both parents having significant periods of physical custody, which can be either equal or similar. Both parents actively participate in making major decisions for the child. 4. Visitation Agreement: This is established when one parent is granted primary physical custody, and the other parent has specified visitation time and rights to spend time with the child. 5. Modification Agreement: As circumstances change, parents can agree to modify an existing custody agreement. This can be done when both parents mutually agree to the changes or through a court order if there is a significant change in circumstances. Overall, a New York Custody Agreement plays a crucial role in ensuring the child's upbringing and maintaining healthy relationships between parents or guardians. It is enforceable by law, and if necessary, can be modified with the court's approval to accommodate any changes in circumstances.
New York Custody Agreement refers to a legally binding document that outlines the terms and conditions for the care, custody, and visitation of a child or children following a separation or divorce in the state of New York. This agreement is crucial for ensuring the well-being and best interests of the child are protected, as well as to establish the rights and responsibilities of each parent or guardian involved. Key points to consider within a New York Custody Agreement may include: 1. Legal Custody: This outlines which parent or guardian has the authority to make major decisions regarding the child's education, healthcare, religion, and general welfare. It can be joint (both parents make decisions together) or sole (one parent has the primary decision-making authority). 2. Physical Custody: This determines where the child will live and the amount of time they spend with each parent or guardian. It can be joint or sole custody, and arrangements can range from shared physical custody, where the child spends roughly equal time with both parents, to primary physical custody with visitation rights for the noncustodial parent. 3. Visitation or Parenting Time: This section specifies the schedule for when the noncustodial parent or guardian, often referred to as the "visiting" parent, will have access to the child. It may include details about regular visitation, holidays, vacations, and other special occasions. 4. Child Support: While not directly part of the custody agreement, it is common for child support arrangements to be addressed alongside custody. This includes the financial support that the noncustodial parent will provide to the custodial parent or guardian to help cover the child's expenses. Different types of New York Custody Agreements can include: 1. Joint Custody Agreement: In this type of agreement, both parents share legal and physical custody of the child. They have equal decision-making authority and responsibility for the child's well-being. 2. Sole Custody Agreement: In a sole custody agreement, one parent is granted both legal and physical custody of the child. The noncustodial parent may still have visitation rights, but they do not have decision-making power. 3. Shared Custody Agreement: This agreement involves both parents having significant periods of physical custody, which can be either equal or similar. Both parents actively participate in making major decisions for the child. 4. Visitation Agreement: This is established when one parent is granted primary physical custody, and the other parent has specified visitation time and rights to spend time with the child. 5. Modification Agreement: As circumstances change, parents can agree to modify an existing custody agreement. This can be done when both parents mutually agree to the changes or through a court order if there is a significant change in circumstances. Overall, a New York Custody Agreement plays a crucial role in ensuring the child's upbringing and maintaining healthy relationships between parents or guardians. It is enforceable by law, and if necessary, can be modified with the court's approval to accommodate any changes in circumstances.