Examples Of Divorce Agreements

However, part of the process is to establish a divorce agreement, sometimes referred to as a bellicose settlement agreement or divorce agreement. This is usually the last hearing or hearing before the divorce is stopped. Spouse maintenance is the money that a spouse pays to their former spouse after obtaining a divorce. It is normally paid when a divorcee does not have the means to support himself financially outside of marriage – a frequent case is after a marriage when one person was the only winner. If you are negotiating a divorce agreement, it is essential that you understand that “equal” does not mean a 50/50 division. Right away, it means what is right for both parties involved. You won`t get everything you think you`re looking for and you need to be able to compromise for the good of all parties involved. It is imperative that all assets are declared before the start of the divorce proceedings. This includes both the common heritage and the only one. Attempts to conceal assets can lead to a hefty court fine….