What a Marital Settlement Agreement Is and When It’s Used
A Marital Settlement Agreement is a legally binding contract between spouses that records terms agreed on property division, spousal support (alimony), child custody and visitation, child support, debt allocation, and other divorce-related obligations. Parties use it to resolve issues without a contested trial; when a court adopts it, the agreement becomes part of the final divorce decree. Electronic execution may be permitted under the ESIGN Act (15 U.S.C. ch. 96) and UETA (1999), but local court rules and notarization requirements can affect acceptance.