What is MOU aka Memorandum of Understanding in Divorce Settlement
|Compare||Separation Agreement||Non-binding MoU|
|Definition||An agreement is a document by which parties commit to working together to reach a common goal.||An MOU describes the terms of an agreement without being legally binding or involving the transfer of finances.|
|Traits||It grants substantial rights to the parties.||There should be a clear mention of another agreement that will be drawn, up at a later stage|
|Enforceable in a court of law?||You can legally enforce this document in a court of law.||This document cannot be legally enforced in a court of law.|
|Binding?||Yes, always.||Only if the MOU is signed with the intention of exchanging monies.|
We help conflicted and outcome-focused separating couples create separation agreements with clarity and soft landings for secure futures in 4 meetings or less without all the lawyer created overwhelming conflicts, confusion and costs.
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I help outcome-focused separating couples create separation agreements with clarity and soft landings for secure futures in 6 steps or less without lawyer created overwhelming conflicts, confusion and costs.