A divorce agreement is a legal document that outlines the terms and conditions of a divorce settlement. It is meant to provide both parties with a clear understanding of their rights and responsibilities after the divorce is finalized.
In this article, we will provide a sample divorce agreement that covers some of the most common issues that may arise during a divorce, including child custody and support, property division, and spousal support.
Child Custody and Support:
Both parties agree that the best interests of their children shall be of paramount importance.
The parties agree that the children shall be in the physical custody of the mother and father on a shared basis, with each parent having equal parenting time.
The parties agree to share the costs of raising the children, including but not limited to, school fees, medical expenses, and extracurricular activities.
Both parties agree to divide their marital property equally.
The parties agree to sell the marital home and split the proceeds equally.
The parties agree to divide all other marital assets, including bank accounts, retirement plans, and personal property, equally.
Both parties agree that the wife shall receive spousal support in the amount of $500 per month for a period of two years.
The parties agree that the husband shall waive his right to receive spousal support.
The parties acknowledge that they have fully and completely settled all financial and property matters between them.
This sample divorce agreement is just one example of what a divorce agreement might look like. The terms outlined in this agreement may not be suitable for every couple, as each divorce is unique.
If you are going through a divorce, it is important to work with an experienced attorney who can guide you through the process and help you negotiate a divorce agreement that is fair and equitable for both parties. Remember, a well-drafted divorce agreement can help you avoid future legal disputes and can provide peace of mind for both parties as they move forward in their separate lives.