What is a stipulation of settlement?

A stipulation of settlement is a written agreement between two parties in a divorce case. It lays out the terms and conditions of their settlement, such as how assets will be divided, how alimony and child support will be handled, and other financial details. In Washington, they must be filed with the court and signed by both parties before the court will grant a divorce. A stipulation of settlement is different than a separation agreement, which is an informal agreement between two parties. A separation agreement is not legally binding and can be changed or terminated at any time. Stipulations of settlement, however, are binding and must be followed in order to satisfy the court. Stipulations of settlement may also outline the terms of custody and visitation, as well as any health insurance and medical expenses for the children. They can also provide for spousal maintenance, or alimony, if applicable. In Washington, both parties must have independent legal counsel to approve any agreement related to child custody, as well as any other important matters. It is important to note that both parties must agree to the stipulation of settlement and have it approved by the court in order for it to be legally binding. In some cases, the court may require additional documents or testimony to approve the stipulation of settlement before it is finalized.

Related FAQs

What is division of marital property?
What are the benefits of a short-term marriage divorce?
What are the different types of divorce?
What is a temporary restraining order?
What is a default divorce?
Do I need a lawyer to file for a divorce?
What is a child custody evaluation?
What is a family law attorney?
What is a separation agreement?
How is a prenuptial agreement enforced?

What is a stipulation of settlement?

Related FAQs

Related Blog Posts