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 is an MDA in divorce?

Divorce Settlement Agreement a.k.a. Marital Dissolution Agreement or MDA In Tennessee, the divorce settlement agreement is called the marital dissolution agreement or MDA. The MDA contains grounds for divorce, property division and distribution, alimony, and other agreed upon terms.

What is an MDA in legal terms?

M. Marital Dissolution Agreement. Called the “MDA,” it is the document that records the terms of the settlement and is signed by both parties. The MDA becomes an order of the court when it is incorporated by reference into the Final Decree of Divorce.