Divorce Mediation Settlement Agreement Template for United States

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Key Requirements PROMPT example:

Divorce Mediation Settlement Agreement

"Need a Divorce Mediation Settlement Agreement for an amicable divorce with equal division of assets, including provisions for joint custody of two children and division of a small business owned during marriage, to be finalized by March 2025."

Document background
The Divorce Mediation Settlement Agreement is utilized when divorcing couples choose to resolve their separation through mediation rather than traditional litigation. This document represents the culmination of mediated negotiations and includes detailed provisions for asset division, financial responsibilities, and family arrangements. It must comply with relevant state and federal laws, including property division standards, support guidelines, and custody requirements where applicable. The agreement serves as the foundation for the court's final divorce decree and can help reduce both the emotional and financial costs associated with traditional divorce proceedings.
Suggested Sections

1. Parties: Identification of the divorcing spouses and their legal representatives

2. Background: Marriage date, separation date, and reason for divorce

3. Definitions: Key terms used throughout the agreement

4. Property Division: Distribution of marital assets and debts

5. Financial Obligations: Spousal support/alimony arrangements

6. Execution: Signing requirements and effective date

Optional Sections

1. Child Custody: Custody arrangements and parenting plan (if children involved)

2. Child Support: Financial support arrangements for children (if applicable)

3. Insurance Provisions: Health, life, and property insurance arrangements (if applicable)

4. Tax Provisions: Special tax arrangements or considerations (if needed)

5. Business Interests: Division of business assets (if applicable)

Suggested Schedules

1. Schedule A - Asset List: Detailed inventory of marital assets and their agreed values

2. Schedule B - Debt List: Detailed inventory of marital debts and obligations

3. Schedule C - Parenting Plan: Detailed custody and visitation schedule (if children involved)

4. Schedule D - Property Appraisals: Professional valuations of significant assets

5. QDRO Forms: Forms for division of retirement accounts (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Internal Revenue Code: Federal tax regulations governing the tax implications of property division, alimony payments, and child support in divorce settlements

ERISA: Employee Retirement Income Security Act - federal law governing the division of retirement accounts and pension benefits in divorce

QDRO Regulations: Qualified Domestic Relations Order regulations that specify how retirement benefits can be divided between divorcing spouses

Social Security Regulations: Federal rules governing how divorce affects Social Security benefits and eligibility

State Divorce Laws: State-specific family laws governing divorce procedures, grounds for divorce, and general requirements for divorce settlement

Property Division Laws: State laws determining whether community property or equitable distribution rules apply to marital asset division

Child Custody Guidelines: State-specific regulations governing child custody arrangements, visitation rights, and the best interests of the child standard

Child Support Guidelines: State-mandated formulas and requirements for calculating and implementing child support obligations

Alimony Regulations: State laws governing the determination, duration, and modification of spousal support/alimony payments

Mediation Requirements: State-specific rules regarding mandatory mediation, mediator qualifications, and mediation procedures in divorce cases

Real Estate Laws: State property laws affecting the division and transfer of real estate assets in divorce settlements

Business Valuation Rules: Legal standards and requirements for valuing and dividing business assets in divorce proceedings

Debt Division Rules: State laws governing how marital debts are identified and divided between divorcing parties

Procedural Requirements: State-specific rules regarding court filings, waiting periods, notarization, and other procedural aspects of divorce settlements

Teams

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