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Your property settlement agreement is a key document during divorce

| May 13, 2020 | Divorce |

Your divorce isn’t contested, which is great. It means you can move through the process a little bit easier. However, something that you will want to get written up is your property settlement agreement. This contract outlines your responsibilities and rights so that the court can step in if one of you does not do as you agreed. 

When you hear the term “property settlement agreement,” you might be thinking about assets and debts. Interestingly, it can include decisions on all of the issues involved in your marriage. It may also only resolve certain issues so that you and your spouse can go through another round of negotiations or take your remaining concerns before a judge.

In the agreement, you’ll have a few different pieces of information to include.  For example, you may need to add:

  • The date of your marriage 
  • The location of your marriage
  • An agreement that you’ve been advised to speak with an attorney 
  • Information about how to resolve conflicts with the agreement if a dispute arises
  • Who will remain in the family home or if the home will be sold
  • Information about personal property and the division of property

There can be many different issues addressed in the form. It’s not typical to see child custody, spousal support or disputed issues in them, so those are issues to take care of separately. 

Our website has more information on working through an uncontested divorce and what you need to know about making it as simple and painless as possible. You can get through it and come out on the other side with a good understanding of how your divorce will affect you moving forward.