Divorce Settlement Agreement 

This Divorce Settlement Agreement (“Agreement”) is made and entered into on [Date] by and between: 

• Spouse 1: [Full Name], residing at [Address] 

• Spouse 2: [Full Name], residing at [Address] 

Collectively referred to as the “Parties.” 

RECITALS 

• The Parties were legally married on [Marriage Date] in [City, State]. 

• Irreconcilable differences have arisen, and the Parties have agreed to dissolve their marriage. 

1. Divorce and Legal Status 

Both Parties agree this Agreement fully resolves all issues relating to their marriage and divorce, including division of assets and debts, alimony/spousal support, child custody, and child support (if applicable). 

2. Division of Marital Property 

 The Parties agree to the following division of marital property: 

2.1 Real Estate: 

• [Property Address] shall be awarded to [Spouse Name], who agrees to assume the mortgage and all related costs. 

2.2 Personal Property: 

• Each Party retains their personal property. Jointly owned personal property shall be divided as follows: [list major items clearly]. 

2.3 Vehicles: 

• [Vehicle #1, Make/Model, VIN] to [Spouse Name]. 

• [Vehicle #2, Make/Model, VIN] to [Spouse Name]. 

2.4 Bank Accounts & Financial Assets: 

• [Account, Amount or %] to [Spouse Name]. 

• [Retirement/Investment Accounts: specify division]. 

2.5 Debts and Liabilities: 

• Each Party is responsible for debts listed here: 

• [Debt and amount] responsibility of [Spouse Name]. 

3. Alimony (Spousal Support) 

[Select one:] 

 ☐ No Alimony: Both Parties waive any right to spousal support. 

☐ Alimony Terms: [Spouse Name] agrees to pay spousal support to [Spouse Name] in the amount of $[Amount] per month for a period of [X months/years] or until remarriage, death, or further order of the court. 

4. Child Custody and Visitation (If Applicable) 

• Legal Custody: [Joint/Sole] 

• Physical Custody: [Primary Parent’s Name] 

• Visitation Schedule: [Detailed visitation schedule and holiday arrangements]. 

5. Child Support (If Applicable) 

• [Spouse Name] agrees to pay child support to [Spouse Name] in the amount of $[Amount] per month. Payments are due on the [Date] each month and continue until [Child’s emancipation, 18th birthday, or per state law]. 

6. Debts and Liabilities 

• Each party assumes responsibility for debts incurred in their name, except as otherwise stated here: [List any specific debt allocations clearly]. 

7. Retirement Benefits 

• The Parties agree to divide retirement and pension accounts as follows: [Details of division]. 

8. Name Change (optional) 

• [Spouse Name] wishes to return to a former name: [Former Name]. 

9. Tax Filing and Obligations 

• The Parties agree on filing status for the current tax year and allocation of tax liabilities/refunds: [Specific arrangement]. 

10. Additional Provisions 

 [Include any additional agreements, e.g., mediation costs, attorney fees, insurance coverage, etc.] 

11. Governing Law and Jurisdiction 

This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. Any disputes arising under this Agreement shall be resolved in the courts of [County, State]. 

12. Entire Agreement  

This Agreement represents the entire understanding of the Parties and supersedes all prior oral or written agreements regarding the marital dissolution. 

13. Voluntary Execution 

Both Parties acknowledge that they have entered into this Agreement voluntarily and understand its terms and implications. 

Signatures 

Spouse 1: 

Signature: ___________________________ Date: _________ 

Printed Name: ________________________ 

Spouse 2: 

Signature: ____________________________ Date: __________ 

Printed Name: _________________________ 

Notary Public (Recommended): 

State of [State] 

County of [County] 

Subscribed and sworn before me this ____ day of ______, 20. 

Notary Signature: ________________________ 

My commission expires: ___________________