What Is A Divorce Settlement Agreement

Some will be together or “married,” and others will be personal or “separate.” In general, anything that belongs or was due to a spouse before marriage remains their separate property or debt. Anything acquired during marriage with matrimonial funds is matrimonial property – even if only one spouse has used the item. Only matrimonial property and debts are subject to division upon divorce. (Of course, the distinction is more complicated than that; see “Matrimonial Property vs. Separated Property in Divorce” for more information.) The procedures for a hearing vary from state to state. If you are not sure, the court clerk will inform you upon request. If there are no irregularities, the judge will review the rules and make sure the content is fair. After that, a divorce decree is issued. You need to communicate with your partner and sort out all the details about who will own what assets and assets and how everything will be divided..

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