A Tennessee Divorce Settlement Agreement form is a legal document that outlines the terms and conditions agreed upon by both parties during a divorce. This agreement covers various aspects such as property division, child custody, and support arrangements. Completing this form is a crucial step in finalizing your divorce, so be sure to fill it out by clicking the button below.
In the process of navigating a divorce in Tennessee, the Divorce Settlement Agreement form serves as a crucial document that outlines the terms of the separation between spouses. This agreement encompasses a variety of important aspects, including the division of marital property, the arrangement for child custody and visitation, and the determination of child and spousal support. It is designed to address the needs and rights of both parties while ensuring that any children involved are prioritized. By clearly delineating responsibilities and expectations, this form helps to minimize future disputes and provides a framework for a smoother transition into post-divorce life. Additionally, the agreement must be signed by both parties and submitted to the court for approval, making it a legally binding document that reflects the mutual understanding reached during negotiations. Understanding the intricacies of this form is essential for anyone looking to ensure a fair and equitable resolution during what can be a challenging time.
Tennessee Divorce Settlement Agreement
This Divorce Settlement Agreement ("Agreement") is made and entered into this ______ day of _______________, 20___ ("Effective Date"), by and between ________________________ ("Party One") and ________________________ ("Party Two"), collectively referred to as the "Parties," who hereby agree to the following:
WHEREAS, the Parties were lawfully married on _____, in the State of Tennessee and now seek to dissolve their marriage and settle all claims regarding their marital assets, debts, child custody, support, and alimony obligations, in accordance with Tennessee law;
WHEREAS, the Parties desire to finalize their divorce proceedings in a manner that is amicable, fair, and in accordance with the law specifically statutes under the Tennessee Code Annotated (TCA);
WHEREAS, the Parties have mutually decided to live separately and apart, terminating their marital relations; and
NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, the sufficiency of which is hereby acknowledged, the Parties agree as follows:
All marital property, as defined under Tennessee law, shall be divided as follows:
All marital debts are to be allocated between the Parties as follows:
If the Parties have minor children from this marriage, they agree to the following custody and support arrangements in compliance with Tennessee child support guidelines:
[Party One/Party Two] shall pay alimony to [name of the receiving party] in the amount of $_________ per [week/month/year], for a term of [duration], as determined by the circumstances and in accordance with Tennessee law.
Following the finalization of the divorce, [Party One/Party Two] shall [return to a maiden name/retain married name/change to a new name]: ____________________.
Any additional agreements, terms, or conditions not herein specified: _______________________________________.
This Agreement shall be governed in accordance with the laws of the State of Tennessee, without regard to its conflict of law principles.
This document and any attached exhibits constitute the entire agreement between the Parties pertaining to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the Parties.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the first date written above.
Party One Signature: ___________________________________
Party Two Signature: ___________________________________
Notary Public: _________________________________________
Date: __________________
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