Settlement Agreement
Settlement Agreement
A Settlement Agreement is a legal document that sets forth the terms of a negotiated resolution of a divorce case. The agreement typically covers all of the major issues in the divorce, such as property division, alimony, child custody, and child support, and represents a compromise between the parties’ positions. The settlement agreement is usually drafted by the attorneys for the parties and then reviewed and signed by the parties themselves. Once the agreement is signed, it is submitted to the court for approval and incorporation into a final judgment of divorce. A settlement agreement 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.