Divorce Agreement

 

[Name], referred to herein as HUSBAND and [Name], referred to as WIFE, agree:

The parties were lawfully married on [Date] at ____________, City, __________ State. Difficulties have occurred between the parties, and they have agreed to live separate and apart.

The parties nevertheless desire to resolve certain issues and consequently, have entered into this agreement.

The parties have [ - ] children born of this marriage, named:

; respectively.

The parties have made a complete disclosure to one another of financial matters and each is satisfied that they have had sufficient disclosure of the parties individual and joint finances.

The parties have each been advised by advisors of their own choice regarding their legal rights and any disclosures made herein.

The husband shall assume the following debts, and hold the wife harmless from the same:

The wife shall assume the following debts, and hold the husband harmless from the same:

Neither party shall incur any further debts which may result in joint liability. In the event that either party incurs a debt on joint credit of the parties, they shall be responsible for the same.

As child support, HUSBAND shall pay support weekly the sum of $------- (& no/100 dollars).

The HUSBAND shall maintain health insurance for the benefit of ________________.

Personal property of the parties shall be divided as follows:

The HUSBAND shall have the following property:

The WIFE shall have the following property:

property at [Address], legal description attached

If any debts are associated with the items of property divided herein, the party receiving the same shall assume the debt and hold the other party harmless from such debts.

Any property not specifically divided herein shall be subject to distribution at a later time.

The wife shall have temporary possession of the residence owned by the parties located at [Address]. Expenses related to the residence shall be borne by the parties as follows:

Husband: [--%] per cent

Wife: [--%] per cent

The parties agree that this agreement is intended to be a final disposition of the matters agreed upon herein. This agreement may be introduced into evidence and incorporated in a final decree of dissolution of marriage. In the event that any disputes occur regarding this agreement the prevailing party shall be entitled to reasonable counsel fees regarding such enforcement.

THIS IS A LEGALLY ENFORCEABLE AGREEMENT. READ CAREFULLY AND OBTAIN LEGAL ADVICE BEFORE EXECUTING THIS AGREEMENT.

Dated: ________________.

_______________________________

HUSBAND

_______________________________

WIFE

Witnesses as to HUSBAND:

_______________________________

_______________________________

Witnesses as to WIFE:

_______________________________

_______________________________

 
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