What is a marital dissolution agreement?

A marital dissolution agreement, commonly referred to as a divorce agreement, is a legally binding contract between divorcing spouses used to resolve the issues that arise from their divorce. This agreement is drafted and negotiated by the divorcing spouses and their legal representatives, and then reviewed by each spouse’s lawyers. Generally, martial dissolution agreements detail out how the couple will divide assets, liabilities, and other property during the divorce; how much money and what kind of spousal support, if any, will be paid; and how custody, visitation, and support of any children will be handled. Once both parties have agreed upon the terms, the agreement is signed and filed with the court to make it legally binding. It is important to note that a marital dissolution agreement is different from a divorce decree, which is a court order that finalizes the divorce and resolves the couple’s legal issues.

Related FAQs

Can I get an annulment?
What is a temporary restraining order?
What are the benefits of a short-term marriage divorce?
What is the difference between an uncontested and contested divorce?
Who pays for the divorce?
What are the tax implications of a divorce?
What is a collaborative divorce process?
What is the difference between a legal separation and a divorce?
How do I modify a divorce decree?
What is a parenting coordinator in a divorce?

What is a marital dissolution agreement?

Related FAQs

Related Blog Posts