A divorce agreement is a legally binding document, in which you and your spouse can agree on the terms of your divorce and cover a range of topics, including custody of the children, spout, shared ownership, custody and access, as well as any other issues relevant to your situation. Start with your common wealth: joint bank accounts, asset portfolios, assets of age acquired during marriage, etc. It is important to list all real estate (including gifts, estates and real estate). Non-disclosure of property could lead to undivided property, so the door remains open to future litigation. Some states use a “co-ownership” regime, while others are strictly “separate states of ownership.” You should make sure that you are aware of your state`s plan and its effects by talking to a qualified lawyer. In the next section, you want to talk about the fact that you and your spouse both accept the terms of the agreement in this document (that your divorce will be indisputable); this acceptance and your reported signatures make the treaty legally binding. Of course, when setting up a divorce contract, you may agree to assign certain property or categories or matrimonial properties to either spouse. For example, you may agree that each of you will keep the clothes, gadgets, phones, computers, etc. that you used during the wedding, as well as all items of more sentimental value than real. If you and your spouse decide to divorce or separate from the body and have minor children in common, you need to make important decisions about them. Both of you should decide who will have the legal responsibility to make decisions about them, such as where they go to school and who will provide their medical care. They must also decide how they will be supported financially.

If you and your spouse can`t agree on these issues, the court will decide them for you. A divorce contract is used when two parties have already ruled on all matters, including the sharing of their property and time-sharing, care, control and support of children. This can be done before their marriage, through a marital agreement, or between the parties when they decide to divorce. Regardless of this, it is only used if the parties have agreed on all the issues and do not ask the court to intervene to “request an appeal”. PandaTips: It goes without saying that this section can take many different forms. Will the parties have shared custody? Will a party have the main guard? How are you going to divide the 365 days a year? The court has yet to approve all agreements between the parties, especially when children are involved. Make sure that the sharing of ownership is fair and equitable for you and your spouse and that you feel that the arrangements are in their best interest for your children.