What is a marital settlement agreement?

A marital settlement agreement (MSA) is a legal document that outlines the terms of a divorce settlement between two spouses in Hawaii. Generally, it includes things such as the division of property and debts, custody and visitation arrangements, alimony, and other matters that were discussed between the two spouses. It is important to note that an MSA is not a court order, but it is a binding agreement between the two spouses. When both spouses have negotiated and agreed to the terms of the MSA, they will typically sign in front of a notary. The document will then be finalized in court and become legally binding. Once finalized, the spouses are legally bound by the terms of the MSA and must adhere to them. It is important to understand that the MSA is a private agreement between the two spouses, and as such, the terms of the agreement are not necessarily binding on the court. The court may choose to modify or reject the terms of the agreement if it finds that it is not fair or equitable. Overall, an MSA is a legally binding agreement between two spouses that outlines the terms of their divorce settlement. It is important to understand that the court may choose to modify or reject the agreement if it finds the terms to be unreasonable or inequitable.

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