Property Settlement Agreement
Property Settlement Agreement Information for your divorce. Why this document is so important and what you can do to ensure it's worded the way YOU want. Save yourself a lot of time, money, and energy by educating yourself now.
What is a property settlement agreement, and why do I need one? First, it is the document that tells the court what assets and liabilities you own, and how you will split them upon the divorce. This document also indicates your child custody times and visitations if you have children.
You should read the article on Property Division so that you understand more about how assets are divided, and the article on Custody so that you can understand more about custody times and visitation issues.
You must get your agreement in writing. WHY? Because no one will honor your verbal agreement during a divorce. If you and your soon-to-be-ex have agreed on how to split your property and child custody arrangements, it must be spelled out in writing for the courts to understand what you desire. Otherwise, if you do not do this for yourselves, the courts will decide how you will split the property and time with children.
Return from Property Settlement Agreement to Divorce Paperwork
Other Real-Divorce Articles you may find helpful:
Children and Divorce
Divorce and Finances Series
Divorce and Debt Series
Disclaimer: The information on this site is for educational purposes only. It is not legal advice and may not apply to your situation. I take the time to gather the best information to those going through divorce, and offer a place for readers to learn, get support and fantastic resources, and find applicable products that are a good fit for them. You can support this site by purchasing high quality products or services from the sponsors I link to.