Uncontested Divorce Agreement Example: Everything You Need to Know
An uncontested divorce agreement is a legal document that outlines the terms and conditions agreed upon by two spouses who have decided to part ways. This type of divorce is often less expensive and less time-consuming than a contested divorce, as both parties agree on terms such as child custody, spousal support, and property division. Here`s an example of what an uncontested divorce agreement might look like.
Agreement of Separation and Property Settlement
This Agreement of Separation and Property Settlement («Agreement») is entered into by and between [Spouse A] and [Spouse B], collectively referred to as the «parties.»
WHEREAS, the parties have decided to separate and dissolve their marriage, and they wish to settle their property and financial affairs in a fair and reasonable manner;
NOW, THEREFORE, in consideration of the promises and mutual covenants set forth herein, the parties agree as follows:
Property Division
The parties agree as to the division of their marital property as follows:
1. [Spouse A] shall be awarded the following assets:
— The marital home located at [address]
— The 2019 Toyota Camry with VIN number [VIN number]
2. [Spouse B] shall be awarded the following assets:
— The 2018 Ford F-150 with VIN number [VIN number]
— All checking accounts and savings accounts held in his/her name
3. The parties agree to divide all other marital property equally.
Child Custody and Support
The parties agree as to the custody and support of their minor child(ren) as follows:
1. [Child A] shall remain in the primary physical custody of [Spouse A]. [Child A] shall reside with [Spouse A] during the school year, and with [Spouse B] during the summer months.
2. [Spouse B] shall pay child support to [Spouse A] in the amount of $500 per month, commencing on the first day of the month following the execution of this Agreement.
Spousal Support
The parties agree as to spousal support as follows:
1. [Spouse A] shall pay spousal support to [Spouse B] in the amount of $1,000 per month, commencing on the first day of the month following the execution of this Agreement.
2. The parties agree that spousal support shall terminate upon the death of either party or the remarriage of [Spouse B].
General Provisions
1. The parties represent and warrant that they have full authority to enter into this Agreement.
2. This Agreement represents the entire understanding of the parties and supersedes all prior negotiations, understandings, and agreements between them.
3. This Agreement may not be modified except in writing signed by both parties.
4. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, and assigns.
5. This Agreement shall be governed by and interpreted in accordance with the laws of the State of [State].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[Spouse A] ________________________
[Spouse B] ________________________
As a professional, it`s important to note that an uncontested divorce agreement example may vary based on the specific circumstances of each individual case. It`s essential to consult with a qualified attorney to ensure that the agreement is legally binding and provides the best outcome for both parties involved.