Marital Settlement Agreement

Aug 8, 2012 by

What is a Marital Settlement Agreement?

A marital settlement agreement is a divorce document or contract that outlines the terms of a divorce and the requirements of both parties after the divorce. The agreement should cover issues such as child custody, visitation, handling debt, paying mortgages, and spousal support.

Do I Have to Have a Marital Settlement Agreement?

Legally, no, but it’s a good idea. First of all, it shows the court that you through this through and it cuts down on the issues that will needed to be decided on by a judge. Second, a written agreement will work in your favor, should your spouse renege on promises made once the divorce is final.

See Also Separation Agreement
 

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