The Divorce Final Settlement Agreement is utilized when divorcing spouses have reached a mutual understanding on all aspects of their separation. This comprehensive document, which must comply with U.S. state and federal laws, details the complete dissolution of marriage, including asset division, debt allocation, child custody arrangements, support payments, and tax considerations. It represents the final step before court approval and divorce decree issuance. The agreement's terms become legally binding upon court approval and govern the parties' post-divorce obligations and rights.
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1. Parties: Identification of both spouses including full legal names, addresses, and any relevant identifiers
2. Background: Marriage date, separation date, grounds for divorce, jurisdiction statement
3. Definitions: Key terms used throughout the agreement
4. Property Division: Detailed allocation of marital assets and debts
5. Child Custody and Visitation: Parenting plan, decision-making authority, and visitation schedule
6. Child Support: Payment amounts, schedule, and terms based on state guidelines
7. Tax Provisions: Tax filing status, dependency exemptions, and tax implications
8. General Provisions: Governing law, modification terms, severability clause
1. Spousal Support: Terms of alimony payments - include when one spouse will provide financial support to the other
2. Life Insurance: Requirements to maintain life insurance policies - include when there are dependent children or ongoing support obligations
3. College Education: Provisions for children's higher education expenses - include when parties want to address future college costs
4. Business Interests: Division of business assets and operations - include when either party owns a business
5. Retirement Accounts: Division of retirement benefits and QDRO provisions - include when retirement accounts need to be divided
1. Schedule A - Property Division: Detailed list of assets and their agreed division
2. Schedule B - Debt Allocation: Detailed list of debts and their agreed allocation
3. Schedule C - Parenting Schedule: Detailed visitation calendar including holidays and special occasions
4. Schedule D - Child Support Calculations: State-mandated child support worksheet and calculations
5. Schedule E - Insurance Policies: List of insurance policies and beneficiary designations
6. QDRO Attachment: Qualified Domestic Relations Order for retirement account division
Relevant legal definitions
Agreement
Effective Date
Parties
Marriage
Separation Date
Marital Property
Separate Property
Marital Home
Child(ren)
Child Support
Spousal Support/Alimony
Physical Custody
Legal Custody
Visitation Rights
Primary Residence
Parenting Time
Holiday Schedule
School Year
Summer Break
Retirement Accounts
Pension Benefits
Life Insurance Policy
Health Insurance
Marital Debts
Joint Accounts
Tax Returns
Dependency Exemption
Court
Jurisdiction
Mediation
QDRO
Financial Disclosure
Transfer Date
Default
Modification
Breach
Effective Date
Parties
Marriage
Separation Date
Marital Property
Separate Property
Marital Home
Child(ren)
Child Support
Spousal Support/Alimony
Physical Custody
Legal Custody
Visitation Rights
Primary Residence
Parenting Time
Holiday Schedule
School Year
Summer Break
Retirement Accounts
Pension Benefits
Life Insurance Policy
Health Insurance
Marital Debts
Joint Accounts
Tax Returns
Dependency Exemption
Court
Jurisdiction
Mediation
QDRO
Financial Disclosure
Transfer Date
Default
Modification
Breach
Clauses
Identification of Parties
Recitals
Property Division
Child Custody
Child Support
Spousal Support
Debt Allocation
Tax Provisions
Insurance Coverage
Release of Claims
Non-Harassment
Dispute Resolution
Modification
Severability
Integration
Jurisdiction and Venue
Indemnification
Confidentiality
Financial Disclosure
Asset Transfer
Name Change
Notice
Retirement Benefits
Estate Rights Waiver
Future Dispute Resolution
College Education
Representations and Warranties
Attorney Fees
Enforcement
Binding Effect
Recitals
Property Division
Child Custody
Child Support
Spousal Support
Debt Allocation
Tax Provisions
Insurance Coverage
Release of Claims
Non-Harassment
Dispute Resolution
Modification
Severability
Integration
Jurisdiction and Venue
Indemnification
Confidentiality
Financial Disclosure
Asset Transfer
Name Change
Notice
Retirement Benefits
Estate Rights Waiver
Future Dispute Resolution
College Education
Representations and Warranties
Attorney Fees
Enforcement
Binding Effect
Relevant Industries
Relevant Teams
Relevant Roles
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