What is a stipulation of settlement?
A stipulation of settlement is an agreement between two divorcing parties in New Hampshire that outlines how they will resolve the issues brought up in the divorce proceedings. This document is generally created in the form of a contract, and both parties must agree to the terms set forth in the contract before the divorce is finalized. A stipulation of settlement covers all the aspects of the divorce, such as alimony, child support, property division, and any other matters that need to be resolved in order for the divorce to be finalized. This document is legally binding on both parties and can be enforced by a court of law if necessary. A stipulation of settlement also outlines any agreements between the parties regarding their rights and obligations in regards to their children, both during and after the divorce proceedings. This includes any co-parenting arrangements and decisions relating to custody, visitation, and the financial support of the children. By signing a stipulation of settlement, both parties in the divorce proceedings are agreeing to cooperate and work together to resolve their differences without having to go to court. This agreement also serves as a reminder to both parties of the commitments and promises they have made to one another in order to reach an amicable resolution.
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