What Do You Need to Include in a Divorce Settlement Agreement?

3 min read
11 October 2023

Many people who divorce desire to construct their own divorce settlement agreement rather than litigating issues and having a judge decide on control, property and asset split, and support. Creating a personalised Fairfax Grounds for Divorce Lawyer separation agreement is a good decision because you will have a higher chance of reaching an agreement that provides both you and your spouse what is most essential to each of you.

However, while creating a separate divorce settlement agreement is a wise decision, it can backfire and become a significant issue in the event that you are unfamiliar with the legal implications and do not include all of the information and data that is needed in your agreement.

What Should Be in a Divorce Settlement Agreement?

You have to weigh any and all concerns that emerge without shared assets or regarding your company or intimate connection with your spouse to ensure sure your Virginia separation settlement contract includes all of the necessary elements. Some considerations to consider and include in your divorce agreement, for example, are as follows:

Provisions defining who is liable for paying for children's health insurance payments. If a partner is covered by the other partner's plan, it may be prudent to include a provision for COBRA coverage in the agreement and to incorporate into support negotiations the additional expense of medical coverage once the other person must obtain his or her own plan.

Details on divorce and child support payments, if applicable. Child support is normally decided by Divorce Lawyer Fairfax, although a couple can agree on any form of alimony agreement they like. The agreement should state whether the alimony is interim or ongoingSpecifics on how every one of the marital possessions will be distributed. This ought to involve a family home, retirement assets, and everything else owned individually or jointly by either party.

  • Information about child custody. When writing your custody agreement, you should be very specific. For example, stating that visitation will take place "each and every opposing weekend" may be too ambiguous, especially if someone breaks the plan and the other spouse requires assistance in enforcing it. It is normally preferable to be as specific as practical, such as specifying that visits will take place on the initial and last weekends of each month.

Specifics on how every one of the marital possessions will be distributed. This ought to involve a family home, retirement assets, and everything else owned individually or jointly by either party.

  • Information about child custody. When writing your custody agreement, you should be very specific. For example, stating that visitation will take place "each and every opposing weekend" may be too ambiguous, especially if someone breaks the plan and the other spouse requires Divorce Lawyer Fairfax Virginia in enforcing it. It is normally preferable to be as specific as practical, such as specifying that visits will take place on the initial and last weekends of each month.

 

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