The Marital Settlement Agreement For Simplified Dissolution Of Marriage is utilized when both spouses mutually agree to end their marriage and meet specific criteria under U.S. state laws. This document is particularly suitable for couples without minor children, who have reached agreement on property division, and where neither party seeks alimony. The agreement must comply with state-specific requirements and typically includes detailed provisions for asset division, debt allocation, and mutual releases. It's designed to streamline the divorce process while ensuring both parties' rights are protected and all legal requirements are met.
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1. Parties: Identification of both spouses, including full legal names, addresses, and marriage details
2. Background: Brief history of marriage, date of separation, and intent to dissolve marriage
3. Definitions: Key terms used throughout the agreement
4. Division of Property: Detailed allocation of marital assets and debts
5. Mutual Release: Waiver of future claims against each other's property
6. Tax Provisions: Agreement on tax filing status and allocation of deductions
7. General Provisions: Standard legal clauses including modification, severability, and governing law
1. Spousal Support: Terms of alimony or waiver thereof - include when one party seeks or agrees to provide financial support
2. Insurance Provisions: Arrangements for health, life, and property insurance - include when insurance policies need to be addressed
3. Retirement Accounts: Division of retirement benefits and pension plans - include when retirement assets exist
4. Name Change: Provisions for resuming maiden name - include when one party wishes to change their name
1. Schedule A - Property Division: Detailed list of marital assets and their agreed distribution
2. Schedule B - Debt Division: Detailed list of marital debts and their agreed allocation
3. Schedule C - Financial Disclosure: Complete financial statements from both parties
4. Appendix A - Property Valuations: Professional appraisals or agreed values of significant assets
Relevant legal definitions
Agreement
Marriage
Parties
Petitioner
Respondent
Effective Date
Marital Property
Separate Property
Marital Estate
Marital Debts
Marital Assets
Financial Disclosure
Date of Separation
Division Date
Real Property
Personal Property
Joint Accounts
Retirement Benefits
Final Judgment
Dissolution
Release
Property Settlement
Jurisdiction
Execution Date
Governing Law
Full Disclosure
Waiver
Mutual Release
Marriage
Parties
Petitioner
Respondent
Effective Date
Marital Property
Separate Property
Marital Estate
Marital Debts
Marital Assets
Financial Disclosure
Date of Separation
Division Date
Real Property
Personal Property
Joint Accounts
Retirement Benefits
Final Judgment
Dissolution
Release
Property Settlement
Jurisdiction
Execution Date
Governing Law
Full Disclosure
Waiver
Mutual Release
Clauses
Recitals
Property Division
Debt Allocation
Mutual Release
Tax Provisions
Financial Disclosure
Spousal Support/Alimony
Insurance
Name Change
Retirement Benefits
Real Property
Personal Property
Bank Accounts
Vehicles
Representations and Warranties
Further Assurances
Modification
Severability
Integration
Governing Law
Voluntary Execution
Legal Counsel
Full Disclosure
Binding Effect
Enforcement
Notice
Execution
Survival
Property Division
Debt Allocation
Mutual Release
Tax Provisions
Financial Disclosure
Spousal Support/Alimony
Insurance
Name Change
Retirement Benefits
Real Property
Personal Property
Bank Accounts
Vehicles
Representations and Warranties
Further Assurances
Modification
Severability
Integration
Governing Law
Voluntary Execution
Legal Counsel
Full Disclosure
Binding Effect
Enforcement
Notice
Execution
Survival
Relevant Industries
Relevant Teams
Relevant Roles
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