Draw Up a Marital Settlement Agreement Fast

Standardized Legal Documents Draw Up a Marital Settlement Agreement Fast

For Better or for Worse—DoNotPay Can Help You Make a Marital Settlement Agreement

It is a well-known fact that divorce is one of the top three most stressful events in a person’s life. When there are children involved, the disputes get even uglier, and that’s why it’s of utmost importance to set some ground rules.

If you are going through a divorce, writing documents is probably not on your mind. Do not fret about it—DoNotPay will help you make a marital settlement agreement without a nuisance.

What Is a Marriage Settlement Agreement?

Regardless of how great the marriage was, the divorce can easily get messy. Aside from the emotional upheaval, marriage separation brings a set of complications. The best way to deal with this issue and prevent potential arguments is to create a marriage settlement agreement.

A marriage settlement agreement, or divorce agreement, is a legal document that should establish relevant terms between the divorcing spouses.

Terms should reflect the most important issues, such as:

  • Parenting time
  • Parenting responsibilities
  • Division of the debt and property
  • The amount and duration of child support
  • The amount and duration of spousal support

What Should the Divorce Settlement Agreement Cover?

Every marriage is different, and so is every divorce. What the divorce agreement should cover depends on many factors, including having kids, joint bank accounts, insurance policies, and many others. Take a look at the following table to see everything the divorce agreement should cover:

Marital Settlement Agreement ItemWhat Does It Cover?

Child-related issues

  • Child custody, including additional issues like visits and holidays
  • Child support
  • College savings
  • Life insurance
  • Emancipation date

Spousal support issues

  • Alimony

Asset division

  • Joint bank accounts
  • Real estate
  • Vehicles
  • Other personal property
  • Stocks, bonds, and other financial assets
  • Insurance policies

Debt distribution

  • Tax debts
  • Mortgage debts
  • Credit card debts
  • Personal loans

Post-divorce protection

  • Hold harmless clauses
  • Indemnification clauses

Any other case-specific issues

  • Pets
  • Last name changes

Can You Make a Marital Settlement Agreement on Your Own?

Going through a divorce brings many additional expenses. Engaging a divorce attorney is one of the biggest. To avoid paying additional legal assistance for creating a marital settlement agreement, many people choose to write it on their own.

There are no legal requirements for a divorce agreement to be written by a lawyer—you can do it by yourself. There are plenty of divorce agreement templates online, but you should keep in mind that they are pretty general and may not apply to your situation.

Divorce settlement agreements are legally binding. If there are irregularities in terms or other mistakes, the judge won’t approve it. The most common mistakes people make include:

  • Incorporating terms that are within your state’s law
  • Failing to address all important issues
  • Forgetting to include relevant debts, assets, and property
  • Avoiding legal protocols and writing guidelines

Making these mistakes can affect your divorce and cause you to lose assets, property, or even custody.

What Happens if a Former Spouse Breaks the Divorce Agreement?

Since a divorce agreement is a legally binding document, there are legal consequences for breaching it, but that depends on the severity of the breach.

Modifying the agreement is the best and often necessary solution, especially if there are children involved.

If the parties aren’t able to agree on new terms, the court may introduce some legal penalties. Depending on the case, nature, and reasons for breaking the terms of the agreement, penalties may include:

  1. Wage or salary garnishment
  2. Driver’s license suspension
  3. Professional licenses limitation or suspension

The court may order the partner that caused the breach to pay the other party’s fees and attorney. In case of severe violations, the judge may hold the offending spouse in contempt of court. Extreme violations of the agreement can even lead to a jail sentence.

How To Create the Marital Settlement Agreement With DoNotPay

Hiring attorneys seems like a waste of money if their service is not necessary, but writing such an important legal document as the divorce settlement by yourself, without any previous legal experience, also won’t do. You shouldn’t worry—DoNotPay can help!

We created a hands-on feature for managing this type of situation. By using an extensive database, we can gather every state’s laws, rules, and regulations to create legal documents that fit your needs.

The process of creating any legal document is simple with DoNotPay. Here’s what you need to do to get your customized divorce agreement:

  1. Access DoNotPay from a web browser
  2. Enter the name of the desired document in the search box
  3. Provide the information our chatbot requires

Once we receive your answers, we will generate the most suitable divorce settlement agreement that covers everything you need.

What Legal Documents Can DoNotPay Create?

DoNotPay is a perfect solution for anyone who doesn’t know how to write a contract or any other legal document. We can also assist you with creating:

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