Marital Settlement Agreement (MSA)
Marital Settlement Agreement (MSA)
A Marital Settlement Agreement (MSA) is another term for a settlement agreement that resolves all of the issues in a divorce case. An MSA typically covers property division, alimony, child custody, and child support, and represents a negotiated resolution of these issues by the parties. The terms of an MSA are usually binding on the parties once the agreement is signed and approved by the court, and can only be modified in limited circumstances. An MSA can be an effective way to resolve a divorce case without the need for a trial, and can provide a measure of certainty and control over the outcome. The specific terms of an MSA will vary depending on the circumstances of each case, but the goal is to reach a fair and equitable resolution that meets the needs of both parties and their children.