Bucks County Marital Settlement Agreement Attorney
When a couple decides to file for divorce, there are many issues that must be settled before the process can be finalized. If the couple is somewhat amicable with each other, they can settle their differences without the need for litigation in court, saving themselves both time and money in the process. These agreements are memorialized in what is known as a marital settlement agreement, and it binds each spouse to the terms of their divorce once the process is finalized by the court.
At Kardos, Rickles & Hand our Bucks County marital settlement agreement attorneys are here to ensure that your marital settlement agreement is drafted properly and that you walk away from the marriage with everything that you deserve in your Pennsylvania divorce. To learn more, call or contact our office today.
What Goes Into a Marital Settlement Agreement?
There are many different provisions that can be included in a marital settlement agreement in Pennsylvania. As a general rule, any agreement on an issue made between spouses should be included in writing as part of this document. Some of the most common provisions found in a marital settlement agreement include the following:
- Equitable property distribution, including all items of personal property, real estate, vehicles, insurance policies, retirement plans, credit card and student loan debts, other debt, business interests, and bank accounts
- Any determination on spousal support and alimony
- Child custody, including physical and legal custody of minor children, a visitation schedule, any special days designated for each spouse, what to do upon relocation, communication expectations between parents, and major decisions like schooling or religion
- Any other significant issue that must be settled between spouses before the divorce is complete
It is important to note that one element that cannot be agreed upon in a marital settlement agreement is the amount of child support paid by the noncustodial parent to the custodial parent in your case. That is determined by legal guidelines and the court.
Methods for Creating a Marital Settlement Agreement
Marital settlement agreements are typically crafted outside of the courtroom, and there are two main methods to negotiate this documentation. The first option is to utilize divorce mediation, where a neutral third party, known as the mediator, sits down with the couple along with their attorneys to identify the major issues that must be resolved and suggests solutions to fit their unique circumstances. The second option is to use collaborative divorce, which utilizes attorneys and neutral third party specialists to collaborate on a marital settlement agreement that works for everyone. Specialists may include financial advisors, child psychologists, and others to help collaborate on solutions for your divorce case.
Call or Contact Kardos, Rickles & Hand Today
Are you interested in creating a marital settlement agreement in your Bucks County divorce? If so, let the knowledgeable Newtown divorce attorneys at Kardos, Rickles & Hand represent your legal interests and ensure that you get the most from your settlement. Call the office or contact us today to schedule an evaluation of your case now.