Marital Settlement Agreement

A Marital Settlement Agreement is a written document that includes the divorcing spouses’ rights and agreements regarding the division of assets and other property, the repayment of debt and monies owed to creditors, and the awarding of spousal support, child support, and the assignment of legal and physical custody of the children. The Agreement is most often negotiated out of court and then submitted to the court for signature by the judge and filing into the legal record.