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Preview - Michigan Divorce Settlement Agreement Form
Michigan Divorce Settlement Agreement
This Divorce Settlement Agreement is made under the laws of the State of Michigan between:
Petitioner: _____________________________________
Address: ______________________________________
Respondent: _____________________________________
Address: ______________________________________
Effective Date: __________, 20____
The parties intend to be legally bound by the terms of this Agreement regarding the division of property and any child-related decisions. This document has been prepared to meet the requirements set forth by Michigan law.
1. Marital Property
The parties agree to the following terms regarding their marital property:
- Real Estate: _______________________________________
- Bank Accounts: ____________________________________
- Vehicles: _________________________________________
- Personal Property: _________________________________
2. Spousal Support
The parties agree on the following regarding spousal support:
- Amount: _____________________________
- Payment Schedule: ____________________
3. Child Custody and Support
If applicable, the following terms regarding child custody and support will be in effect:
- Children's Names: __________________________________________________
- Custody Arrangement: ___________________________________________
- Child Support Payment: ________________________________________
4. Debt Division
The parties shall divide the following debts:
- Credit Card Debts: ___________________________________________
- Loans: ______________________________________________________
5. Taxes
The parties agree to handle taxes as follows:
- Filing Status: ______________________________________________
- Tax Refunds: ______________________________________________
6. Miscellaneous Provisions
Additional agreements include:
- Changes to Agreement: _______________________________________
- Dispute Resolution Method: _________________________________
Each party acknowledges that they have the right to seek the advice of an attorney before signing this Agreement. By signing below, both parties agree to the terms laid out in this Divorce Settlement Agreement.
Signatures
Signed this ____ day of __________, 20____.
Petitioner Signature: ____________________________
Respondent Signature: ____________________________
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Similar forms
- Separation Agreement: This document outlines the terms of separation between spouses, similar to a Divorce Settlement Agreement, but it applies when the couple is not yet divorced.
- Trailer Bill of Sale: This form is essential for documenting the sale and ownership transfer of a trailer in North Carolina. Proper completion is crucial to avoid any future disputes, and for more detailed information, refer to the Motor Vehicle Bill of Sale.
- Child Custody Agreement: This specifies the arrangements for child custody and visitation. Like the Divorce Settlement Agreement, it focuses on the welfare of children involved.
- Property Settlement Agreement: This document details how assets and debts will be divided. It serves the same purpose as the property division section of a Divorce Settlement Agreement.
- Spousal Support Agreement: This outlines any alimony or support payments. It is often included in a Divorce Settlement Agreement but can also stand alone.
- Parenting Plan: This document provides a comprehensive plan for co-parenting after divorce. It shares similarities with the child custody aspects of a Divorce Settlement Agreement.
- Financial Disclosure Statement: This requires both parties to disclose their financial situations. Transparency is crucial in both this document and the Divorce Settlement Agreement.
- Marital Settlement Agreement: This is another term for a Divorce Settlement Agreement and covers the same issues, including asset division and support obligations.
- Final Judgment of Divorce: This is the court's final order that officially ends the marriage. It incorporates the terms agreed upon in the Divorce Settlement Agreement.
- Mutual Release Agreement: This document releases both parties from future claims against each other, similar to the liability waivers often included in a Divorce Settlement Agreement.