Georgia Divorce Settlement Agreement Template
This Divorce Settlement Agreement (“Agreement”) is designed to guide parties through the process of divorce in accordance with the laws of the State of Georgia. It covers the division of assets, alimony, child support, and any other relevant matters to the divorcing parties. The parties are encouraged to fill in their details where applicable and discuss any specific needs or adjustments with legal counsel to ensure all personal and legal requirements are met.
This Agreement is made on ______[Date]______, by and between ______[Spouse 1 Full Name]______ (hereinafter referred to as "Party 1") and ______[Spouse 2 Full Name]______ (hereinafter referred to as "Party 2"), both of whom reside in the State of Georgia, indicating their intention to end their marriage and settle all matters concerning their marital obligations.
Article 1: Division of Property
In accordance with Georgia laws, specifically the "Equitable Division of Property," the parties agree to the following division of their marital assets and liabilities:
- Real Property located at ______[Address]______ shall be ______[owned/retained/transferred to]______ ______[Party 1/Party 2]______.
- Personal Property, including vehicles, furniture, and electronics, shall be distributed as follows: ______[Describe Distribution]______.
- Financial Accounts and Retirement Savings will be allocated as follows: ______[Detail Allocation]______.
- Debts and liabilities shall be assumed by: ______[Detail Responsibility]______.
Article 2: Alimony
Following the guidelines provided by Georgia's "Alimony Laws," the parties have agreed upon the following terms for alimony (if applicable):
- The amount of alimony agreed upon is ______$[Amount]______ per month.
- The duration for the alimony payments is ______[Specify duration]______.
- Other specific terms related to alimony are as follows: ______[Detail Terms]______.
Article 3: Child Support and Custody
In alignment with the "Georgia Child Support Guidelines," this Agreement outlines the following arrangements for any minor children of the marriage:
- Physical and legal custody shall be shared as follows: ______[Detail Custody Arrangements]______.
- Child support payments will be made by ______[Specify paying party]______ in the amount of ______$[Amount]______ per month.
- The child support payment schedule shall be: ______[Detail Payment Schedule]______.
- Additional terms regarding child upbringing, education, and health care are: ______[Provide Details]______.
Article 4: Final Provisions
This Agreement represents a comprehensive settlement of all the issues related to the parties' divorce. By signing this Agreement, both parties affirm that they have disclosed all assets and liabilities fully and accurately. Any amendments to this Agreement must be made in writing and signed by both parties. This Agreement is governed by the laws of the State of Georgia and is subject to the jurisdiction of its courts.
IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above written.
Party 1 Signature: ______[Signature]______
Party 2 Signature: ______[Signature]______