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Marital Settlement Agreement, No Fault, No Children

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Marital Settlement Agreement, No Fault, No Children Powered By Docstoc
					This Marital Settlement Agreement is most appropriate for a no-fault dissolution of
marriage and in cases where there are no children. This short-form template document
contains both standard clauses as well as opportunities for customization to ensure that
the understandings of the parties are properly set forth. The agreement contains
provisions on: spousal support, health insurance, real estate, personal property, bank
accounts, debts, taxes, and life insurance. This agreement should be used by
individuals seeking a divorce or their legal representatives.
                        MARITAL SETTLEMENT AGREEMENT


THIS MARITAL SETTLEMENT AGREEMENT (this “Agreement”) made on this
____________   day   of   ___________________, 20_____,   by and between
_____________________________________            (“Husband”)         and
_____________________________________ (“Wife).

                                        RECITALS

WHEREAS, Husband and Wife were married on the ___________ day                              of
_____________________,    _______, in _________________________, State                     of
_________________________;

WHEREAS, Husband and Wife hereby wish to dissolve their marriage and live separately and
apart from one another, subject to the terms and conditions of this Agreement;

WHEREAS, Husband and Wife have each made a complete, fair and accurate disclosure to one
another regarding all financial and property matters affecting this Agreement;

WHEREAS, Husband and Wife have each been advised and counseled by attorneys chosen out
of their free will regarding the legal rights and obligations related to this Agreement;

WHEREAS, Husband and Wife wish to settle all matters regarding their marital affairs,
personal and real property, and finances;

WHEREAS, Husband and Wife intend this Agreement to be a final disposition regarding the
matters addressed herein and intend that this Agreement be incorporated into a final decree of
divorce or dissolution;

NOW THEREFORE, in exchange for the mutual promises herein contained, Husband and Wife
hereby agree to the terms and conditions set forth below:

                                          TERMS


                                   I. SPOUSAL SUPPORT

1.     Husband: Husband will pay spousal support to Wife in the amount of
       _____________________________            dollars    ($______)     each    and every
       _________________________ [week, month, year], beginning on the ____________
       day of __________________, 20 ____. Husband shall continue to pay this amount for a
       period of ________________________ [Comment: insert number of weeks, months,
       years] subject to the following mutually acceptable terms and conditions:
       A. _______________________________________________________________.
       B. _______________________________________________________________.



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2.     Wife: Wife will pay spousal support to Wife in the amount of
       _____________________________            dollars    ($______)     each    and every
       _________________________ [week, month, year], beginning on the ____________
       day of __________________, 20 ____. Wife shall continue to pay this amount for a
       period of ________________________ [Comment: insert number of weeks, months,
       years] subject to the following mutually acceptable terms and conditions:
       A. _______________________________________________________________.
       B. _______________________________________________________________.



                                   II. HEALTH INSURANCE

Husband and Wife agree as follows in relation to their respective health care coverage:

1.     Husband: Husband will maintain medical and dental insurance for the benefit of:
       ________________________________________________.

2.     Wife: Wife will maintain medical and dental insurance for the benefit of:
       _____________________________________________________.


                                        III. REAL ESTATE

1.     Homestead: Husband and Wife own the following real property as their family residence,
       located at _______________________________________________. Husband and Wife
       agree that ____________________________ shall continue to reside at the above
       mentioned family residence. Rights, responsibilities and expenses regarding the above
       mentioned family residence shall be distributed as follows:

       A.      Title.

               Husband shall have the following rights of title and ownership in the family
               residence: _______________________________.

               Wife shall have the following right
				
DOCUMENT INFO
Description: This Marital Settlement Agreement is most appropriate for a no-fault dissolution of marriage and in cases where there are no children. This short-form template document contains both standard clauses as well as opportunities for customization to ensure that the understandings of the parties are properly set forth. The agreement contains provisions on: spousal support, health insurance, real estate, personal property, bank accounts, debts, taxes, and life insurance. This agreement should be used by individuals seeking a divorce or their legal representatives.
This document is also part of a package Divorce Starter Kit 11 Documents Included