What should be included in a divorce settlement agreement?

What should be included in a divorce settlement agreement?

A divorce settlement agreement is a legally-binding document* in which you and your spouse agree on the terms of your divorce and can cover a full range of topics, including child support, spousal support, division of property, custody and visitation rights, and any other issues that are relevant to your situation.

What should I do with my divorce settlement money?

It’s possible that you might be able to transfer funds to a bank account in your control and then transfer them back at a later date….Do…Be transparent. Seek financial advice early. Get it in writing. Cancel the credit card. Consider alternatives to litigation.

How do I get financially after divorce?

Surviving Financially After DivorceExpect your income to drop after the divorce is final. Consider whether you can afford to keep the house. Know what you have. Consider the after-tax values of your assets. Understand your financial needs. Don’t overlook the value of a future pension. Hire a good team.