Divorce Settlement Agreement Form

Divorce Settlement Agreement Form

I. The Parties

This Divorce Settlement Agreement ("Agreement") is entered into as of Month Day, Yearby and between Wife's Name, formerly Maiden Name, with a primary address at Wife's Address ("Wife"), and Husband’s Name with a primary address at Husband’s Address ("Husband"). The Wife and Husband may collectively be referred to as the ("Parties") or individually as a ("Party").

WHEREAS, the Parties were lawfully married on Month Day, Year in Marriage Location;

WHEREAS, the Parties have acknowledged that the marriage has irretrievably broken down due to differences beyond reconciliation, making it impossible to continue their marital relationship;

WHEREAS, the Parties desire to amicably resolve all matters related to their separation, including spousal support, marital property, and child custody and support arrangements;

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties agree as follows:

II. Spousal Support/Alimony

Spousal Support Arrangement

The Parties agree to the following arrangement:

    • No Spousal Support Required

    • Spousal Support Required

    In the event that spousal support is required, the Husband/Wife shall pay the sum of Amount per month for a duration of Number of Months/Years . Payments shall commence on Month Day, Year and continue until Month Day, Year or until further order of the court. Spousal support shall be subject to modification or termination as provided by law.

    III. Marital Property

    Marital Property Division

    The Parties agree to the following division of marital property:

      • No Marital Property to Divide

      • Marital Property to be Divided

      If there is marital property to be divided, it shall be distributed as follows:

      Husband's Property

      The Husband shall retain ownership of the following:

        Wife's Property

        The Wife shall retain ownership of the following:

          IV. Child Custody and Support Agreements

          Category

            • The Parties have no child(ren) under the age of 18

            • The Parties have child(ren) under the age of 18

            Chilld(ren) under the age of 18

            List the name(s) and age below:

            Name

            Age

            The Parties agree on the following regarding child custody and support:

            A. Child Custody

            The Parties agree that physical and legal custody of the minor child(ren) shall be arranged as follows:

            1. Joint Custody: If joint custody is awarded, the Parties shall share both physical and legal custody equally, with both parents having an equal role in making major decisions regarding the child(ren)'s welfare, education, and health.

            2. Sole Custody: If sole custody is awarded, one parent shall have exclusive rights and responsibilities concerning the child(ren)'s primary residence and major decision-making.

            B. Visitation

            The non-custodial parent shall have visitation rights in accordance with the following schedule: Visitation will occur on alternate weekends, national holidays, and two weeks during the summer vacation. The Parties agree to coordinate mutually agreeable times for visits, with flexibility for special occasions and other events as needed.

            C. Child Support

            Child support payments shall be made by the non-custodial parent to the custodial parent in the amount of Amount per month. Payments shall commence on Month Day, Year and continue until the child reaches the age of majority or is otherwise emancipated. Child support may be reviewed and modified based on changes in circumstances or as required by law.

            D. Life Insurance, Medical Insurance, and Health Expenses

            Both Parties shall maintain life insurance policies naming the child(ren) as beneficiaries. Each Party is required to carry medical insurance coverage for the child(ren). The Parties shall equally share all uninsured medical expenses, including but not limited to co-pays, deductibles, and prescription costs. Reimbursement for medical expenses shall be made within 30 days of receipt of proper documentation.

            V. Fees and Costs

            A. Attorney Fees and Costs

            Each Party shall be responsible for their own attorney fees and costs associated with this Agreement, unless otherwise stipulated by mutual agreement or court order.

            B. Mediation Fees and Costs

            The Parties agree to share equally the fees and costs associated with mediation services undertaken to resolve disputes related to this Agreement.

            C. Litigation Fees and Costs

            Should any litigation arise from disputes related to this Agreement, each Party shall bear their own litigation costs, unless the court orders otherwise.

            VI. Miscellaneous Provisions

            A. Non-Waiver

            The failure of either Party to insist upon strict performance of any provision of this Agreement shall not be construed as a waiver of any subsequent breach of the same or any other provision.

            B. Amendments

            Any modifications or amendments to this Agreement must be in writing and signed by both Parties. No verbal agreements or changes shall be valid unless documented in writing.

            C. Governing Law

            This Agreement shall be governed by and construed in accordance with the laws of the State of State Name. Any disputes shall be resolved in the courts of State Name

            D. Release

            Each Party releases the other from all claims, demands, and causes of action that may arise from or relate to the marriage, except as expressly stated in this Agreement.

            E. Severability

            If any provision of this Agreement is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue to be valid and enforceable.

            F. Entire Agreement

            This Agreement contains the entire understanding between the Parties concerning the subject matter hereof. All prior agreements, discussions, or understandings, oral or written, are superseded by this Agreement.

            VII. Signatures

            The Parties have carefully reviewed this Divorce Settlement Agreement, fully understand its terms, and voluntarily agree to its provisions without any duress or coercion. This Agreement is executed freely and with the intention of resolving all matters related to their divorce. By signing below, each Party affirms their commitment to honor this Agreement in its entirety.

            Wife

            Name:

            Date:

            Husband

            Name:

            Date:

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