Divorce Settlement Agreement Basics

Divorce is never easy, but you and your spouse have both agreed to this divorce and you've reached an agreement on how to divide your property, accounts, debts, and/or child custody. You can create a Divorce Settlement Agreement to clearly define the terms of the settlement with your spouse.

Use the Divorce Settlement Agreement document if:

You know where your spouse is and you are in contact with him/her

You and your spouse have decided to divorce and you agree on how to divide your property and assets

You and your spouse are currently negotiating the terms of your divorce and would like to create a plan for the division

You and your spouse plan to meet with a divorce attorney together and would like to be prepared with an outline for the division of property and assets

Because you and your spouse have both agreed to the divorce, and because you agree about how to divide your property and assets, you can legally divorce using this document. A Divorce Settlement Agreement needs to be prepared together by two spouses who are in agreement about how their property, assets, debts and other marital issues will be divided or handled. The Agreement may also be used to define child custody, visitation and child support if the parties have minor children under age 18. You may only use this Divorce Settlement Agreement together with your spouse. Do your research, because each state may call this Agreement by a different title. It might be known in your state as a Marital Settlement Agreement or a Marital Separation Agreement. The appropriate title for your state will be in the Agreement.

Other names for this document: Marital Settlement Agreement, Divorce Settlement Agreement Form

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