What are the Benefits of Filing a Marital Settlement Agreement?

Posted by Carl Glendon on September 16th, 2019

Marital Settlement Agreements are agreements that are used by both spouses in a marital relationship to record the terms of their divorce, which usually include spousal support, custody of children, debt division and division of property. In the process of divorce, these types of documents have a lot of significance. The terms of the relationship between the spouses after divorce are also spelled out in such an agreement. Although it is not necessary to file a marital settlement agreement, filling it has several benefits.

Reduces uncertainty

It specifies all the agreements in a written form, reducing the extent of uncertainty. The agreement is a proof to the court that all the big issues were well thought out. This makes the case move faster through the system and legal separation gets easier. In the absence of a clear definition of the terms, it can be tough to have joint properties, child custody etc divided and negotiated in a proper way.

Court proceedings might not be needed

After filing a marital settlement agreement, the spouses might not need to move to court. The written agreement might be honored by the judge in case is it written in a proper way, and the contract covers every material aspect related to the divorce process. This type of agreement can handle all the aspects of a divorce, and ensure that the financial and other hassles associated to the divorce process are resolved in as amicable manner as possible. For more information about a marriage separation agreement, please visit this website.

Can be entered at anytime

It is possible to enter these types of contracts at any time, prior to the final judgment. These are generally filed along with the final judgment.

In case a spouse gets welfare, the office of the District Attorney might want to review the marital settlement agreement and sign it, before the filling of the document with the court. Please visit this website for more info about filing for separation in NC.

Author Resource:-

Carl writes often about legal drafting, rental lease agreement, marital separation agreement and help the people in such needs. You can find his thoughts at free separation agreement blog. To learn more about drafting a legal separation in Texas online, visit this website.