What does a settlement agreement or separation agreement contain in Georgia?
A settlement separation agreement is the listing of how your marriage will be dissolved. It includes the details of who will be financially responsible for which debts. It will include who gets what pieces of community property. It will include details about child care and child support. Plus a lot more. Here is a closer look at what you can expect to find in a settlement separation agreement.
What a settlement Agreement Contains
- Your Marriage and Wedding: The first thing that must be shown is that you have a valid marriage. This is achieved by listing the date of your wedding and the location. A marriage is a civil contract, and all contracts must meet certain rules.
- All property: The settlement separation agreement will want you to list all of the properties that you own, that your spouse owns, and that you own jointly. The court wants to see the whole picture of your lives both as individuals and as a couple.
- Employment information: The settlement separation agreement will ask for your current employment details such as wages, annual income, etc. It will ask the same of your spouse. That information will be used to determine child support and spousal support, even if you both agree on a figure. The judge may award a different amount in the case of child support.
- Where you both live: The court will want to know where you both live. This is part of making sure that your divorce petition was filed in the correct court and that you are eligible to file for divorce in the state of Georgia.
- Debts: The settlement separation agreement will ask about the debts for both you and your spouse. It will want to know about the debts you had before you were married, and the debts that you accumulated while married. It will also ask you who is going to be responsible for which debts. It will ask you about all of the money that is owed, including debt that is not structured. An example of such is a loan from a parent, etc.
- Military information: There are certain benefits of being in the military and having been in the military that may involve your spouse. The court will want to know all of the information about military service.
Completecase.com makes filling out a settlement separation agreement fairly simple. If you have not visited the site, you should. It is a good resource, and it offers to simplify the entire divorce process. It is not for every divorce, only for those where both people are in agreement about how to dissolve their marriage.