The Importance of Understanding a Divorce Settlement Agreement

On behalf of The Law Offices of Cindy D. Sackrin posted in Divorce on Friday, July 22, 2016.

Moving forward following divorce can be challenging. As former spouses progress into the future after their divorce, their divorce settlement agreement can be increasingly important. The divorce settlement agreement can be used to govern a number of important concerns a couple may have following their divorce, regardless of circumstances and how their relationship has progressed pre-divorce.

Due to the importance of a divorce settlement agreement, it is necessary to thoroughly understand it, as the terms of each couple's divorce agreement are likely to be different. It is also necessary to take the development of a settlement agreement seriously during the divorce process and to be active in the drafting and the negotiation concerning what goes into it. As always, couples have the ability to agree on a variety of concerns during the divorce process but the court and family law system is available to step in when they cannot agree.

It can also be helpful to ask questions while the divorce settlement agreement is being decided whenever there is a lack of understanding or a misunderstanding. The divorce settlement agreement is likely to be relied upon often in the future so it should be well thought out and understood. It can help with future disputes should they arise surrounding a number of important divorce-related issues such as child custody or spousal support, among others.

Once a divorce settlement agreement is reached, it will govern disputes and the court will look to it to resolve disputes so its importance cannot be underestimated. As a result, divorcing spouses should be engaged in the process and make sure they understand how to achieve the best divorce settlement agreement possible.

Source: Huffington Post, "You & Your Divorce Settlement Agreement- BFFs," Al Corona, July 12, 2016

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