A divorce settlement requires careful documentation of assets, agreement on key terms, and professional review

Creating a comprehensive divorce settlement involves several critical steps to ensure a fair and legally sound agreement. Begin by collecting all relevant financial documentation, including bank statements, tax returns, property deeds, and investment accounts.

  • Document inventory: Create detailed lists of all assets, debts, and shared property
  • Key decisions: Address crucial matters including:
    • Property and asset division
    • Child custody and parenting arrangements
    • Spousal and child support payments
    • Division of pensions and retirement accounts
  • Professional review: Consult with a divorce mediator or family law professional to ensure the agreement is fair and legally compliant
  • Final documentation: Have the settlement properly drafted and reviewed by both parties before signing