What is a marital dissolution agreement?

A marital dissolution agreement, also known as a divorce settlement agreement, is a document that is signed by the divorcing couple in order to legally end their marriage. The agreement outlines the division of assets, debts, and/or obligations between the two parties. It also details child support, visitation rights, and alimony (if any) that must be settled. In Maryland, a marital dissolution agreement must be drawn up and signed by both parties in order for a divorce to be granted. The agreement must also be notarized, meaning that both parties must be present and sign the document in the presence of a Notary Public. Once the agreement is notarized, it can be filed with the courts. The marital dissolution agreement is designed to come to an agreement between the two parties that both sides find fair and just. This document is important for the divorcing couple to review and negotiate, as who gets what will be legally binding. Once the court has reviewed the agreement and the couple is legally divorced, the agreement will be reflected in the divorce decree. This is the official document that outlines the conclusion of the marriage and any custody rights, support payments, debt obligations, and other details discussed in the marital dissolution agreement.

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