What is a stipulation of settlement?

A stipulation of settlement is an agreement between two parties in a divorce case, typically between the two spouses. This agreement outlines any agreement reached between the two parties and is then presented to the court. In Texas, the stipulation of settlement must state that both of the parties agree to the division of assets and debts, and also the right to receive spousal support payments if applicable. It should also include an agreement on child custody and visitation arrangements, and the amount of child support to be paid. The agreement must be signed by both parties and can be done in two different ways. The first is to sign it in the presence of a notary public, and the second is to have it acknowledged by each party in writing. After the stipulation of settlement has been signed, it will become a legally binding agreement and will be enforceable by law.

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What is a stipulation of settlement?

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