Marital Settlement Agreement in Florida
There are certain matters that are considered to be very important and have to be carefully discussed in a divorce process. Often, these matters are concerned with the married couple’s rights to property and their responsibilities to their children as well as one spouse’s responsibility to the other. Issues regarding division of property and assets, as well as rights to alimony and child visitation , custody , and time-sharing are discussed and formalized through a Marital Settlement Agreement (MSA). It is basically a binding contract about the divorce terms which are agreed upon by both parties. If the agreement is done well and both spouses agree on the terms provided, the court may honor the agreement provided that it is fair to the parties involved. The couple may not have to go to court. On the other hand, if the agreement is contested or one party refuses to sign it, the matter will have to be taken to court and the judge will have to make the decision. A Partial Marita