The Checklist Of The Contents Of A Marital Settlement Agreement Template

A marital settlement agreement basically analyses and breaks down the terms of separation or divorce by the spouses, through lawyers. This is done legally covering different aspects before the divorce or marital separation procedure is completed, from child custody to property division, debt allocations and other future plans.  Through this agreement, the couple can keep communicating in each other in future within legal limitations easily.

A marital separation agreement in Illinois contains the checklist of few contents that state come of the most important aspects of the bond. Here is the checklist that is a must have for all the templates.

• The basic information

The first and foremost section is the identifying information of the partners, along with the details of the child or children if any.  This includes stating the age, sex and name of both the parties, and these details should be officially correct.

• The term of marriage

The marital settlement agreement template also contains a section where the attorney has to fill up the details of the term of marriage, or the duration of the relationship in years and months that lasted. This is very vital information to be given out.

• The facts about proceedings

Another part of the template requires to be stated with the facts regarding the official proceedings, whether they have initiated with the court or not.  

• Monthly income details

This part of the marital settlement agreement template is also crucial as it revolves around the monthly income details of both the parties.  This contains the monetary earnings of both the partners, and other funds that they have, be it through rent, benefits from governments, annuities or some other sources. This helps to decide the child custody, too.

• Issues unresolved

This covers the issues that remain unresolved and that need to be sorted out by the help of court.