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3 Items to Address in a Divorce Agreement

Divorce

If you and your spouse have decided to call it quits, you may be able to get through the drafting of a divorce settlement agreement fairly easily. Being amicable and reasonable in drafting something that a court will sign off on can speed up the process and grant you the divorce quicker. Take a look at these three elements that you should consider addressing.

1. Get the Details Together

The first portion of a marital settlement agreement tampa is usually the general information about the parties such as:

  • Full current legal names
  • Current address(es)
  • Date of the marriage
  • Date any separation occurred

In this first section, you can also state that you both agree that the marriage is broken. If you live in a no-fault divorce state, like Florida, the marriage would just be considered irretrievably broken.

2. Divide Assets and Debts

Provide detailed information about bank accounts, retirement accounts, property address(es) and value, mortgages and credit card debts. Once you list out the specifics, you then decide how you will split them. If one of you does not work full time or have the income the other does, you want to split them as fairly as possible. However, you split the assets is how you should split the debts.

3. Reach an Agreement on Child Support

If you have children, you want to come to a reasonable amount for child support. This will be based on the person who will have the majority of time with them. If you need guidance on the amount that the court would deem fair, you can look up the child support guidelines in your state or consult an attorney.

Getting a divorce is never easy, but being cordial about the process can make it go smoothly and help you get on with your life quicker.

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