Get the free MARITAL SETTLEMENT AGREEMENT - MD Justice

Waiver and Released undersigned, (print name), for him/herself and his/her heirs, dependents, personal representatives and/or administrators, hereby forever discharges and releases FORSYTH FUSION

How to fill out marital settlement agreement

How to fill out marital settlement agreement

1. Step 1: Begin by obtaining a blank marital settlement agreement form.
2. Step 2: Fill in the personal details of both parties, including their full names, addresses, and contact information.
3. Step 3: Specify the date of the marriage and the date of separation.
4. Step 4: List all assets and liabilities owned by both parties, including real estate, bank accounts, vehicles, debts, etc.
5. Step 5: Determine how the assets will be divided between the parties. This can include a sale and division of proceeds, transfer of ownership, or other arrangements.
6. Step 6: Outline the child custody and visitation arrangements, including a detailed parenting plan if applicable.
7. Step 7: Decide on child support and spousal support (if applicable) amounts and payment schedules.
8. Step 8: Include any additional provisions or agreements that both parties need to resolve, such as tax considerations, insurance, or retirement accounts.
9. Step 9: Review the completed agreement carefully, ensuring that both parties agree to its terms.
10. Step 10: Sign and notarize the marital settlement agreement in the presence of a notary public or attorney.
11. Step 11: Keep multiple copies of the signed agreement for both parties' records.
12. Step 12: If necessary, file the agreement with the court to make it legally binding and enforceable.

Who needs marital settlement agreement?

1. Anyone who is going through a divorce or legal separation can benefit from a marital settlement agreement.
2. It is particularly important for couples who wish to have a clear and agreed-upon resolution of issues related to property division, child custody, child support, and spousal support.
3. This agreement helps establish the rights and responsibilities of each party and can prevent future conflicts or disputes.
4. Having a marital settlement agreement is especially beneficial when the parties want to avoid going to court and can amicably resolve their differences outside of the litigation process.

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