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Divorce Settlement Agreement

Divorce Settlement Agreement Template: Assets, Support & Custody

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Agreement Date and Parties

Recitals

Division of Marital Property

Alimony (Spousal Support)

Child Custody and Visitation (If Applicable)

Retirement Benefits

Name Change (optional)

Tax Filing and Obligations

Additional Provisions

Governing Law and Jurisdiction

Signatures

Preview

Divorce Settlement Agreement

This Divorce Settlement Agreement ("Agreement") is made and entered into on [Date] by and between:

Spouse 1: [Full Name], residing at [Address]

Spouse 2: [Full Name], residing at [Address]

Collectively referred to as the "Parties."

RECITALS

  • The Parties were legally married on [Date] in [City], [State].
  • Irreconcilable differences have arisen, and the Parties have agreed to dissolve their marriage.

1. Divorce and Legal Status

Both Parties agree this Agreement fully resolves all issues relating to their marriage and divorce, including division of assets and debts, alimony/spousal support, child custody, and child support (if applicable).

2. Division of Marital Property

The Parties agree to the following division of marital property:

2.1 Real Estate:

[Property Address] shall be awarded to [Spouse Name], who agrees to assume the mortgage and all related costs.

2.2 Personal Property:

Each Party retains their personal property. Jointly owned personal property shall be divided as follows: [list major items clearly]

2.3 Vehicles:

    2.4 Bank Accounts & Financial Assets:

    [Account, Amount or %] to [Spouse Name]

    Retirement/Investment Accounts: [specify division]

    2.5 Debts and Liabilities:

    Each Party is responsible for debts listed here:

    [Debt and amount] responsibility of [Spouse Name]

    3. Alimony (Spousal Support)

    No Alimony: Both Parties waive any right to spousal support.

    6. Debts and Liabilities

    Templates.divorce-settlement-agreement.preview.eachPartyAssumes [List any specific debt allocations clearly].

    7. Retirement Benefits

    The Parties agree to divide retirement and pension accounts as follows: [Details of division].

    8. Tax Filing and Obligations

    The Parties agree on filing status for the current tax year and allocation of tax liabilities/refunds: [Specific arrangement].

    9. Additional Provisions

    [Include any additional agreements, e.g., mediation costs, attorney fees, insurance coverage, etc.]

    10. Governing Law and Jurisdiction

    This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. Any disputes arising under this Agreement shall be resolved in the courts of [County], [State].

    11. Entire Agreement

    This Agreement represents the entire understanding of the Parties and supersedes all prior oral or written agreements regarding the marital dissolution.

    12. Voluntary Execution

    Both Parties acknowledge that they have entered into this Agreement voluntarily and understand its terms and implications.

    Signatures

    Spouse 1:

    Signature: ___________________________ Date: [Date]

    Printed Name: ________________________

    Spouse 2:

    Signature: ____________________________ Date: [Date]

    Printed Name: _________________________

    Notary Public (Recommended):

    State of [State]

    County of [County]

    Subscribed and sworn before me this day of ____ day of ______, 20.

    Notary Signature: ________________________

    My commission expires: ___________________

    Frequently Asked Questions

    What family law documents can I create?

    You can create various family law documents including prenuptial agreements, postnuptial agreements, separation agreements, divorce settlement agreements, child custody agreements, child support agreements, parenting plans, and other family-related legal documents.

    Do I need a lawyer for family law documents?

    Family law matters can be complex and emotionally charged. While our templates provide a good starting point, we strongly recommend consulting with a family law attorney, especially for matters involving children, significant assets, or contested issues.

    Are these documents valid in my state?

    Our templates include standard clauses that are commonly used across many jurisdictions. However, family law varies significantly by state. We recommend having a local family law attorney review your completed document to ensure it complies with your state's specific requirements.

    Can I modify the agreement terms?

    Yes, all family law templates are fully customizable. You can fill in all required fields, modify sections, and adjust terms to meet your specific situation. The preview updates in real-time as you make changes.

    How do I ensure the document is properly executed?

    Proper execution typically requires signatures from all parties, and in some cases, witnesses or notarization may be required. We recommend consulting with a lawyer to ensure your document is properly executed according to your state's requirements.
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    Divorce Settlement Agreement