What is a stipulation of settlement?

A stipulation of settlement is an agreement that is made between two divorcing spouses in Massachusetts. It is usually negotiated by an attorney or couple’s representative and is a legally binding document that outlines the terms of the divorce. It typically covers decisions about the division of property, spousal and child support, custody and visitation, and other matters such as health insurance and taxes. A stipulation of settlement can help parties avoid lengthy court proceedings. This document provides a way for spouses to mutually agree on the important aspects of their divorce without going through the court process. It also serves as a way for the parties to set out the details of each aspect of their divorce in writing so that both parties are aware of their rights and responsibilities. This document can be reviewed by a judge to make sure it meets the legal requirements and that it is fair and just. In Massachusetts, a stipulation of settlement is non-binding until it becomes part of the final judgment and decree issued by the court. The parties can either enter into a single agreement or negotiate several individual documents. All documents must be signed by both parties and approved by the court before becoming binding.

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What is a stipulation of settlement?

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