What is a settlement offer in divorce?

What is a settlement offer in divorce?

Marital Settlement Agreement (MSA). The purpose of a divorce settlement agreement is to memorialize any agreements reached between divorcing (or separating) spouses as to child custody, child support, alimony (also referred to as spousal support or maintenance), and the division of property.

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.

Is it better to get a divorce or stay married?

While some divorces are necessary, many marriages can be repaired. It may be difficult to face the issues that you and your spouse are struggling with, but research suggests that couples who can manage to stay together usually end up happier down the road than couples who divorce.