Pa Divorce Property Settlement Agreement

April 11, 2021

CONSIDERING that we have all exercised good faith and have made fair, accurate and complete disclosure in all financial and wealth matters related to this matrimonial transaction agreement; If you first execute a marital separation agreement, you are generally not required to file the separation agreement with the court to be effective. Note: This form only deals with property issues in divorce proceedings, in which the parties agree on how to distribute the property. Other issues that may arise during divorce, such as assistance to children or spouses, custody/visitation or distribution of property, where property interests are disputed, are not addressed. It is always recommended to consult a lawyer before signing an agreement related to your real estate interests so that you have a complete understanding of your rights, including all marital property rights that you acquired during the marriage. If you don`t have marital property, joint debt and no children, you probably don`t need a marital separation agreement to get a divorce without error. However, if you wish to manage your future relationship and provide additional evidence to the court for the day you separated, you should have a marriage comparison contract. An agreement leaves no doubt about the details of the end of your marital relationship. It is better to have a clearly written agreement than to rely on verbal agreements. In Pennsylvania, if you have a marriage comparison contract, your divorce writings will be simpler and less complicated, and it will be perfectly clear to the court that you have an undisputed divorce. Back up When negotiating your contract, you should be guided by how a court will likely distribute your property, assign custody and custody and deal with other issues. CONSIDERING that we want to resolve all matters relating to our marital affairs, personal property and real estate and our finances by mutual agreement; There are many aspects of a divorce agreement, including child support, child custody, spousal ownership and custody of children.

These are all important things in life, and therefore they cannot be attributed as easily during the divorce process. When spouses start discussing the sharing of their property and parental privileges, it can be a bit hot. In a perfect world, everyone would agree. But we all know that the concept of perfection is far from achievable, and that is why we must do our best to approach this situation of tenderness in a friendly way whenever there is disagreement. Please note that a PSA is a contract and is treated like any other contract in Pennsylvania. The important thing is that when the parties sign an PPE but do not divorce, the distribution of assets and liabilities reflected in the PPE is contractually applicable, even if the husband and wife continue to live together after the signing and do not divorce.