Marital settlement agreement form illinoisMarital Settlement Agreement • July 24th, 2023
Contract Type FiledJuly 24th, 2023What is a Marital Settlement Agreement? A divorce settlement agreement can be referred to by many names, depending on where you live. It is a formal written document which lays out the terms both parties involved have agreed to. It can be called: Divorce Settlement Agreement Separation Agreement or Separation and Property Settlement Agreement Custody, Support ,and Property Agreement Mediated Separation Agreement Collaborative Settlement Agreement Property Settlement Agreement (PSA) Marital Settlement Agreement (MSA) Memorandum of Understanding (MOU) The purpose of a marital settlement agreement is to document the details of any agreements reached between separating or divorcing spouses, and covers such areas as child custody, alimony (sometimes referred to as spousal support, maintenance, or separate maintenance), child support, the division of property, and any other issues that are relevant to your situation. What the Process Involves The steps you take to reach a marital settlement