What is a marital settlement agreement?

A marital settlement agreement is a document that is created by a couple when deciding to end their marriage or civil union. The agreement typically outlines how assets and debts will be divided, as well as any other issues related to the couple’s marriage that need to be agreed upon and settled upon in order to end the marriage. In the state of West Virginia, a marital settlement agreement is an agreement between two adults who are married or in a civil union, that outlines the terms of their divorce and the division of their assets and debts. It can include provisions such as child custody, child support, alimony, and visitation rights. It is important to note that a marital settlement agreement is not enforced by the court, but rather is a contract or agreement between the two parties. A marital settlement agreement helps couples come to an understanding and agreement on how to divide their assets and debts, and how to handle other issues related to the end of their marriage. It eliminates the need for a lengthy court process, and allows couples to have control over how they handle the end of their marriage.

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What is a marital settlement agreement?

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