A Memorandum of Understanding (MOU) is a written document outlining divorce terms agreed upon by both spouses.
An MOU serves as a preliminary agreement that captures the essential terms and conditions both parties have negotiated during their separation or divorce process. While not legally binding on its own, this important planning document helps establish clear expectations and forms the foundation for formal legal agreements.
A comprehensive divorce MOU typically addresses:
- Property division – including real estate, vehicles, and personal belongings
- Financial arrangements – such as debt allocation and spousal support
- Parenting matters – including custody, access schedules, and decision-making authority
- Support payments – both child support and spousal maintenance details
While an MOU demonstrates good faith between separating spouses, it should be reviewed by legal counsel before being incorporated into a formal separation agreement or divorce order.