Homepage Attorney-Approved Divorce Settlement Agreement Document Free Divorce Settlement Agreement Template for the State of Florida

Form Breakdown

Fact Name Description
Purpose The Florida Divorce Settlement Agreement form is used to outline the terms of a divorce, including property division, alimony, and child custody arrangements.
Governing Laws This form is governed by Florida Statutes Chapter 61, which covers dissolution of marriage and related matters.
Mutual Agreement Both parties must agree to the terms laid out in the settlement for it to be valid and enforceable.
Filing Requirement The completed form must be filed with the court as part of the divorce proceedings to finalize the agreement.
Legal Review It is advisable for both parties to have the agreement reviewed by their respective attorneys to ensure fairness and compliance with state laws.

Sample - Florida Divorce Settlement Agreement Form

Florida Divorce Settlement Agreement

This Divorce Settlement Agreement is made in accordance with the laws of the State of Florida.

This Agreement is entered into this _____ day of __________, 20_____, by and between:

Party A: ________________________________
Address: ____________________________________
City, State, Zip: _____________________________
Email: _______________________________________
Phone: ________________________________________

Party B: ________________________________
Address: ____________________________________
City, State, Zip: _____________________________
Email: _______________________________________
Phone: ________________________________________

Within this Agreement, the parties agree to the following terms:

  1. Division of Property:
    • Marital Home: ____________________________
    • Investment Accounts: ______________________
    • Other Personal Property: _____________________
  2. Child Custody:
    • Primary Custody: _______________________ (Party A/Party B)
    • Visitation Rights: ______________________
    • Decision-Making Responsibilities: ____________
  3. Child Support:
    • Monthly Amount: $______________________
    • Duration: _____________________________
  4. Spousal Support:
    • Amount: $________________________
    • Duration: _________________________
  5. Debts:
    • Responsibility for Debts: ________________
    • Division of Credit Cards: _________________
  6. Miscellaneous Terms:
    • Agreement Modifications: ________________
    • Governing Law: ________________

By signing below, both parties agree to the terms outlined in this Divorce Settlement Agreement:

Party A Signature: _________________________ Date: ___________

Party B Signature: _________________________ Date: ___________

This Agreement represents the full understanding between the parties and supersedes any prior agreements, verbal or written.

Common mistakes

Filling out the Florida Divorce Settlement Agreement form can be a complex process. Many individuals make mistakes that can delay the divorce proceedings or lead to disputes later on. Here are seven common mistakes to avoid.

One frequent error is incomplete information. When filling out the form, it is crucial to provide all necessary details about assets, debts, and other relevant information. Leaving sections blank or providing vague descriptions can lead to misunderstandings and complications down the line.

Another mistake is failing to disclose all assets. It’s essential to list every asset owned, including bank accounts, real estate, and personal property. Omitting any asset, even unintentionally, can result in legal issues later, as undisclosed assets may be subject to division in the future.

Many individuals also overlook the importance of accurate valuations. Providing outdated or incorrect values for assets can skew the settlement agreement. It is advisable to conduct thorough research or seek professional appraisals to ensure that all values are current and accurate.

In addition, some people make the mistake of not considering tax implications. Certain assets may have tax consequences that could affect the overall value of the settlement. It is wise to consult with a financial advisor or tax professional to understand how the division of assets may impact taxes.

Another common pitfall is neglecting to address future expenses. This includes child support, alimony, and other ongoing financial responsibilities. Clearly outlining these obligations in the agreement can prevent future conflicts and ensure that both parties understand their responsibilities.

Additionally, individuals may fail to review the agreement thoroughly before signing. It is important to read through the entire document to ensure that all terms are clear and agreeable. Taking the time to review can help catch any errors or misunderstandings before they become legal issues.

Lastly, some people rush through the process without seeking legal advice. Even if both parties agree on the terms, consulting with a legal professional can provide valuable insights and help avoid potential pitfalls. An attorney can ensure that the agreement is fair and complies with Florida law.