What is a divorce agreement?

A divorce agreement is an official document that represents the legally binding contract between two partners who are getting a divorce. This document outlines the rights, responsibilities, and financial obligations of both parties involved in the divorce. In Maryland, the divorce agreement is created with the assistance of attorneys or mediators and signed by the two parties. The divorce agreement will include the division of debts, assets, and any other financial matters that the couple may agree upon. It also outlines the parenting rights of both parties and any arrangements for child support, visitation, or other matters related to the children. The document will also include provisions about spousal support, changes in name, and other matters of general agreement between the spouses. Additionally, the divorce agreement documents any legal actions that will occur if either party does not meet the conditions outlined in the document. This includes any potential legal action to enforce the agreement or to make changes to the agreement. Once the divorce agreement has been signed by both parties, it is submitted to the court for final approval. Upon approval, it is a legally binding document that can be enforced by the court. It serves as the framework for the end of the marriage and the beginning of life post-divorce.

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