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In the process of navigating a divorce, a Divorce Settlement Agreement form serves as a crucial document for couples in Georgia. This form outlines the terms agreed upon by both parties regarding various aspects of their separation. Key elements typically covered include the division of marital property, child custody arrangements, and child support obligations. Additionally, the agreement may address spousal support, health insurance, and debt responsibility. Completing this form accurately is essential, as it can significantly impact the future of both individuals and any children involved. Understanding the nuances of this document can lead to a smoother transition into post-divorce life, making it imperative for those going through this process to approach it with diligence and care.
Georgia Divorce Settlement Agreement Example
Georgia Divorce Settlement Agreement Template
This Georgia Divorce Settlement Agreement ("Agreement") is made and entered into by __________ (hereinafter referred to as "Party One") and __________ (hereinafter referred to as "Party Two"), collectively referred to as the "Parties," on this ____ day of __________, 20____. WHEREAS, the Parties were lawfully married on __________, 20____, in ______, Georgia, and due to certain irreconcilable differences have decided to dissolve their marriage; and WHEREAS, the Parties wish to resolve matters related to the division of their marital assets, debts, child custody, visitation, and support in a manner consistent with the laws of the State of Georgia; and WHEREAS, the Parties have sought to negotiate this Agreement fully, knowingly, and voluntarily, without any duress or undue influence, and with a full understanding of the Agreement's terms and its legal effects.
NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
- Marital Settlement: The Parties hereby agree to the division of marital property, assets, and debts as follows:
- Real Property located at _______________________ shall be __________.
- Personal Property, including but not limited to vehicles, furniture, and electronics, shall be divided as follows: _______________________.
- Financial Accounts, including bank accounts, stocks, and retirement accounts, shall be allocated as follows: _______________________.
- Debts and obligations incurred during the marriage shall be assumed by: _______________________.
- Child Custody and Visitation: If the Parties have minor children, they agree to the custody and visitation arrangements as follows:
- Primary Custody of the child(ren) shall reside with __________.
- Visitation for the non-custodial parent will be as follows: _______________________.
- Child Support: The non-custodial parent shall pay child support in the amount of $________ per month, pursuant to Georgia's child support guidelines.
- Spousal Support (Alimony): [If applicable] Spousal support shall be paid by __________ to __________ in the amount of $________ per month for a term of ____ years/months, or as otherwise agreed upon.
- Miscellaneous Provisions:
- Both Parties agree to file all necessary documents and to take all actions necessary to effectuate the terms of this Agreement.
- This Agreement constitutes the entire understanding between the Parties and supersedes any prior understandings or agreements, oral or written, regarding the subject matter hereof.
- Any amendments to this Agreement must be in writing and signed by both Parties.
- This Agreement shall be governed by and construed in accordance with the laws of the State of Georgia.
- Each Party knowingly and voluntarily waives any and all rights to a trial by jury in any action or proceeding regarding this Agreement.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the first date written above.
Party One: _______________________
Party Two: _______________________
Witness: _______________________
Document Information
| Fact Name | Description |
|---|---|
| Purpose | The Georgia Divorce Settlement Agreement form outlines the terms agreed upon by both parties during a divorce. |
| Governing Law | This form is governed by the laws of the State of Georgia, specifically under Title 19 of the Official Code of Georgia Annotated. |
| Mutual Agreement | Both spouses must sign the form, indicating mutual consent to the terms laid out in the agreement. |
| Property Division | The form includes provisions for the division of marital property and debts, ensuring clarity and fairness. |
| Child Custody and Support | If applicable, the agreement addresses child custody arrangements and child support obligations. |
| Legal Effect | Once filed with the court, the agreement becomes a legally binding document, enforceable by law. |
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