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Marital Agreements
Marital Agreements
To end a marriage in Virginia, the law requires valid reasons or grounds for the divorce. When using negotiation, mediation or collaborative law to settle the issues in your divorce, a Marital Settlement Agreement or Property Settlement Agreement will be prepared reflecting the terms of the divorce. A divorce lawyer will ensure that your agreement is likely to be accepted by the court and that you are not overlooking any important issues that could arise down the road.
A Marital Settlement Agreement or Property Settlement Agreement is a written contract between you and your spouse that sets forth the rights, duties, and obligations that arise out of the divorce. Your divorce attorney can negotiate and draft a fair and reasonable Marital Settlement Agreement or Property Settlement Agreement.
What You Should Know About Marital Agreements (MSA)
Defines All Key Terms of Divorce: A Marital Settlement Agreement outlines how property, debts, support, and parenting responsibilities will be divided.
Custom-Tailored to Your Family’s Needs: MSAs can be personalized to address homeownership, retirement accounts, children’s college savings, and even pet custody.
Supports Amicable, Out-of-Court Resolution: By resolving issues through agreement, families often avoid costly litigation and retain control over their outcomes.
Ideal for Collaborative, Mediated or Negotiated Cases: A well-drafted MSA helps finalize divorce smoothly, especially in collaborative, mediated, or negotiated family cases.
Legally Binding Once Approved: Once incorporated into a Final Decree of Divorce, an MSA becomes a court order enforceable under Virginia law.
