Utah Divorce Settlement Agreement
This Utah Divorce Settlement Agreement ("Agreement") is made pursuant to the Utah Code, specifically the Utah Domestic Relations Law, and outlines the division of property, allocation of debts, and, if applicable, spousal support, and any other settlement terms agreed upon by the parties involved in the divorce proceedings.
Be it known that ________________ (hereinafter referred to as "Party 1") and ________________ (hereinafter referred to as "Party 2"), hereby agree to the terms and conditions outlined in this Agreement to resolve all matters pertaining to their divorce under the laws of the State of Utah.
Terms and Conditions
The following terms and conditions have been agreed upon by Party 1 and Party 2:
- Effective Date: The effective date of this Agreement shall be ________________.
- Marital Assets: All marital assets shall be divided as follows:
- Asset 1: ___________________________________ to be allocated to ________________.
- Asset 2: ___________________________________ to be allocated to ________________.
- Additional assets and their division to be outlined as necessary.
- Marital Debts: All marital debts shall be divided as follows:
- Debt 1: ___________________________________ to be allocated to ________________.
- Debt 2: ___________________________________ to be allocated to ________________.
- Additional debts and their division to be outlined as necessary.
- Spousal Support: ________________ shall be responsible for paying spousal support to ________________ in the amount of ________________ per month, beginning on ________________ and ending on ________________, unless otherwise modified by court order or mutual agreement of the parties.
- Child Custody and Support: If the parties have minor children, they have agreed to the following terms regarding custody and support. (Specify custody arrangements, child support amounts, and schedules. If this section is not applicable, state "Not Applicable.")
- Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Utah.
Both parties affirm their understanding that this Agreement is fair, equitable, and entered into voluntarily after due consideration of the circumstances and consequences.
IN WITNESS WHEREOF, Party 1 and Party 2 have executed this Agreement as of the _____ day of _______________, 20____.
Signature of Party 1: _____________________________
Signature of Party 2: _____________________________
This document is not a substitute for legal advice. Consult with a lawyer to ensure that this Divorce Settlement Agreement meets your legal requirements and is enforceable under Utah law.