What should be included in a divorce settlement?

What should be included in a divorce settlement?

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 is a global settlement in a divorce?

A global settlement in a divorce action details a plan to share time with the children, how much support is owed from one party to the other, and how to separate the assets and debts accumulated during the marriage.

What should be included in a marital settlement agreement?

What should I include in a divorce settlement agreement? Your divorce settlement agreement should cover everything that is important to you, including custody of your children, child support payments, alimony, and the separation of your property, such as your family home, vehicles, and other assets.

Is a marital settlement agreement necessary?

While it is not required, filing a marital settlement agreement does have advantages: Lays out all of the agreements in writing, limiting uncertainty. The spouses may not have to go to court. The judge might honor the written agreement if it’s written correctly and covers all material aspects of the divorce.