What is a marital dissolution agreement?

A marital dissolution agreement is a written contract between spouses who are getting a divorce in Massachusetts. This agreement is also known as a separation agreement and it outlines the rights and responsibilities of each spouse. It also lists all financial and marital property to be divided between the parties. The agreement is drafted by the attorneys for each spouse and signed by both parties as a legally-binding contract. It is important to remember that the dissolution agreement is between the parties, and does not involve the court. The dissolution agreement is not a final divorce decree, but it can provide a framework for a settlement between the spouses. The agreement will be made part of the final divorce decree by the court. The agreement will determine things like spousal maintenance, child support, a division of assets and debts, insurance, taxes, and other related matters. It is important to note that even with a marital dissolution agreement, the court will still need to approve and sign the divorce decree. The court will review the agreement to ensure that it is fair and reasonable. If the spouses do not reach an agreement, the court may need to use its discretion to decide the terms of the divorce. The court will look at factors like the length of the marriage, the financial positions of each spouse, and other relevant factors when making its decision.

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