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Marital Settlement Agreement, No Fault, No Children

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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.

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									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 rights of title and ownership in the family
               residence: _______________________________.


       B.      Expenses, Mortgage and Maintenance.

               Husband shall be responsible for and pay the following expenses regarding the
               family residence: _______________________.




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             Wife shall be responsible for and pay the following expenses regarding the family
             residence: _______________________.

      2. Other Real Estate: Husband and Wife jointly own the following real property which
         shall be divided as follows:

               A.     To Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     To Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________


                                IV. PERSONAL PROPERTY

      1. Household Items. Husband and Wife jointly own the following household items
         which shall be divided as follows:

               A.     To Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     To Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

      2. Vehicles. Husband and Wife jointly own the following vehicles which shall be
         divided as follows:

               A.     To Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     To Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________




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      3. Other Personal Property. Husband and Wife jointly own the following other personal
         property which shall be divided as follows:

               A.     To Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     To Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________


                                   V. BANK ACCOUNTS

      1. Bank Accounts. Husband and Wife jointly hold the following bank accounts:

          ACCOUNT 1
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

          ACCOUNT 2
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

          ACCOUNT 3
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

      2. Division. The above referenced accounts shall be divided as follows:

               i.     To Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________




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               ii.    To Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________


                                          VI. DEBTS

      1. Debts. Husband and Wife jointly hold the obligation to pay off the following
         outstanding debts:

          DEBT 1
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

          DEBT 2
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

          DEBT 3
          _____________________________                         __________________
          _____________________________                         (Account Number)
          _____________________________                         __________________
          _____________________________                         (Account Balance)
          (Name and Address of Institution)

      2. Division. The above referenced debts shall be divided as follows:

               A.     Husband: Husband agrees to pay off, assume all liabilities, and be
                      individually responsible for the following debts as of the date of this
                      Agreement:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     To Wife: Wife agrees to pay off, assume all liabilities, and be
                      individually responsible for the following debts as of the date of this
                      Agreement:
                      _________________________________________________
                      _________________________________________________



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                      _________________________________________________


                                        VII.    TAXES

      1. Husband and Wife agree that any joint tax liability that arises as of the date of this
         Agreement shall be assumed as follows:

               A.     By Husband:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________

               B.     By Wife:
                      _________________________________________________
                      _________________________________________________
                      _________________________________________________


                                  VIII. LIFE INSURANCE

      1.     Husband. Husband owns the following life insurance policies that name Wife as
             beneficiary:

             POLICY 1
             _____________________________               __________________
             _____________________________               (Policy Number)
             _____________________________               __________________
             _____________________________               (Death Benefit/Cash Value)
             (Name and Address of Institution)

             POLICY 2
             _____________________________               __________________
             _____________________________               (Policy Number)
             _____________________________               __________________
             _____________________________               (Death Benefit/Cash Value)
             (Name and Address of Institution)

             POLICY 3
             _____________________________               __________________
             _____________________________               (Policy Number)
             _____________________________               __________________
             _____________________________               (Death Benefit/Cash Value)
             (Name and Address of Institution)




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               Husband agrees that Wife ___________________ [WILL OR WILL NOT] not
               remain the beneficiary of the following life insurance policies:
               ______________________________________________.

       2.      Wife. Wife owns the following life insurance policies that name Husband as
               beneficiary:

               POLICY 1
               _____________________________                __________________
               _____________________________                (Policy Number)
               _____________________________                __________________
               _____________________________                (Death Benefit/Cash Value)
               (Name and Address of Institution)

               POLICY 2
               _____________________________                __________________
               _____________________________                (Policy Number)
               _____________________________                __________________
               _____________________________                (Death Benefit/Cash Value)
               (Name and Address of Institution)

               POLICY 3
               _____________________________                __________________
               _____________________________                (Policy Number)
               _____________________________                __________________
               _____________________________                (Death Benefit/Cash Value)
               (Name and Address of Institution)

               Wife agrees that Husband ____________________ [WILL OR WILL NOT] not
               remain the beneficiary of the following life insurance policies:
               _______________________________________________.


                                        IX. LEGAL NAME

Wife shall have the right to retain her married name or shall also have the right to return to her
maiden or former name upon the court's ordering a final decree of divorce or dissolution.


                                    X. FINAL AGREEMENT

This Agreement establishes the entire agreement between Husband and Wife relating to their
marital affairs, child custody and visitation, personal and real property and other finances. This
Agreement supersedes all prior discussions between them.




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                                       XI. SEVERABILITY

If any part or parts of this Agreement shall be held unenforceable for any reason, the remainder
of this Agreement shall continue in full force and effect. If any provision of this Agreement is
deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such
provision would make the provision valid, then such provision shall be deemed to be construed
as so limited.


                                        XII.   HEADINGS

The headings of the sections herein are for convenience only and shall not affect the meaning of
the provisions of this Agreement.


                                XIII. ACKNOWLEDGEMENT

Husband and Wife acknowledge that each has entered into this Agreement in good faith, on their
own free will, and without being subject to any duress or undue influence. Each understands that
he or she has the right to seek independent counsel regarding this Agreement, and each was
given adequate opportunity to seek such independent counsel prior to the execution of this
Agreement.


                                   XIV. APPLICABLE LAW

Husband and Wife agree that this Agreement shall be construed according to, and governed in all
respects by, the laws of the State of _______________, without regard to conflicts of law
principles. Husband and Wife further agree and consent that venue of any action hereunder shall
be exclusively in the county of _____________.

                            [SIGNATURE PAGE TO FOLLOW]




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IN WITNESS WHEREOF, each of Husband and Wife has caused this Agreement to be
executed on this __________ day of _______________________, 20_____.


HUSBAND                               WIFE

________________________              ________________________
[PRINT NAME]                          [PRINT NAME]

WITNESS #1 OF HUSBAND                 WITNESS #1 OF WIFE

________________________              ________________________
[PRINT NAME]                           [PRINT NAME]

WITNESS #2 OF HUSBAND                 WITNESS #2 OF WIFE

________________________              ________________________
 [PRINT NAME]                          [PRINT NAME]




         CERTIFICATE OF ACKNOWLEDGEMENT OF NOTARY PUBLIC
                    STATE OF _______________________


             [INSERT APPROPRIATE LANGUAGE FOR YOUR STATE]




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