Connecticut Divorce Settlement Agreement
This Connecticut Divorce Settlement Agreement ("Agreement") is entered into by and between ____________________ ("Party One") and ____________________ ("Party Two") (collectively, "the Parties"), who solemnly affirm their desire to formalize their division of assets, liabilities, and other financial responsibilities in accordance with the laws of the State of Connecticut. The agreement is subject to the approval of the Connecticut Superior Court.
The Parties acknowledge that they have entered into this Agreement voluntarily, without any duress or undue influence, and with a full understanding of its implications. They further recognize that this Agreement represents a full resolution of matters concerning the financial aspects of their divorce.
1. Marriage Details
The Parties were lawfully married on ____________________, in ____________________, Connecticut. They have since agreed to live separately and wish to formalize their separation and the dissolution of their marriage through this Agreement.
2. Divorce
The Parties are aware that a legal divorce procedure must be initiated and completed in the Connecticut Superior Court to dissolve their marriage. This Agreement is intended to resolve financial and property matters and is contingent upon the final divorce decree issued by the court.
3. Division of Assets
The Parties agree to the division of assets as follows:
- Real Property located at ____________________ shall be [awarded to Party One/Party Two].
- Bank accounts and cash assets are divided accordingly: ____________________.
- Vehicles and personal property division: ____________________.
4. Division of Liabilities
Liabilities shall be divided between the Parties as follows:
- Mortgage on the marital home: ____________________.
- Credit card debts: ____________________.
- Other outstanding debts: ____________________.
5. Alimony
Party [One/Two] shall pay alimony to Party [One/Two] in the amount of ____________________ per [month/year], beginning on ____________________ and concluding on ____________________, unless otherwise modified by a court of competent jurisdiction.
6. Child Support and Custody (if applicable)
If the Parties have children together, they agree to the following terms regarding child support and custody:
- Custody shall be [joint/shared/sole] with the children primarily residing with Party [One/Two].
- Child support payments will be made by Party [One/Two] in the amount of ____________________ per month, starting on ____________________ and ending on ____________________.
- Visitation rights and schedules: ____________________.
7. Miscellaneous
Any disputes arising out of this Agreement shall be resolved through mediation before seeking court intervention. Both Parties agree to cooperate fully with each other in the execution and delivery of any additional documents necessary to give full force to the provisions of this Agreement.
This Agreement, executed in the State of Connecticut, embodies the entire agreement between the Parties relating to the subject matter herein and supersedes all prior agreements and understandings between the Parties.
IN WITNESS WHEREOF, the Parties have executed this Agreement on this ____day of ________________, 20____.
Party One Signature: ____________________
Party Two Signature: ____________________