Step 1 – Who will the agreement be signed by?
The first section of the agreement will ask for the full legal names and addresses of both parties. The date of marriage and separation should also be provided. If there are any children from the marriage, their names, birthdates, and Social Security numbers will need to be entered next.
Step 2 – How will the property be divided?
The next section will deal with the division of property. This can include the family home, vehicles, furniture, personal belongings, and any other assets that you and your spouse own together. Each asset should be listed separately, and you will need to decide who will keep each asset.
Step 3 – How will debts be divided?
The next section will deal with the division of debts. This can include the mortgage, credit card bills, student loans, and any other debts that you and your spouse owe together. Each debt should be listed separately, and you will need to decide who will be responsible for paying each debt.
Step 4 – How will custody and visitation be arranged?
The next section will deal with custody and visitation. If you have children together, you will need to decide who will have primary custody of them. You will also need to decide what the visitation schedule will be.
Step 5 – How will child support be paid?
The next section will deal with child support. If you have children together, you will need to decide who will pay for their expenses, how much child support will be paid, and how often it will be paid.
Step 6 – How will alimony be paid?
The next section will deal with alimony. If one spouse earns significantly more money than the other, the higher-earning spouse may be required to pay alimony to the lower-earning spouse. You will need to decide how much alimony will be paid, and how often it will be paid.
Step 7 – How will taxes be filed?
The next section will deal with taxes. You will need to decide who will claim the children as dependents, and how you will file your taxes if you own property together.
Step 8 – How will insurance be maintained?
The next section will deal with insurance. You will need to decide who will keep the family health insurance policy, and how you will pay for health insurance if you are covered by your spouse’s policy.
Step 9 – What other issues need to be addressed?
The next section will deal with any other issues that you and your spouse need to address. This can include who will pay the bills, how the pets will be cared for, and how decisions will be made about the children.
Step 10 – When will the agreement be effective?
The final section of the agreement will ask for the effective date of the agreement. This is the date that the agreement will become binding on both parties.
Once you have completed the agreement, both parties will need to sign and date it. The agreement should then be notarized by a notary public. Once the agreement is signed and notarized, it will be legally binding on both parties.