What is a Marriage Settlement Agreement?

A Marriage Settlement Agreement is a written contract signed by both marriage partners which addresses the issues of divorce such as alimony, child custody and support, and responsibility for assets and debts.  Normally, the agreement is drafted by the opposing Bucks County divorce lawyers.  These contracts are legally binding and enforceable by the family law courts. Child custody and child support can be changed or modified by a family court. 

Failure to abide by the conditions of the contract could result in a seizure of assets or imprisonment via a contempt hearing.  It is always in the best interest of both parties to achieve agreement outside the courts.  There are family law attorneys who specialize in helping clients come to an agreement.  Doing so relieves the spouses of a court trial and all the monetary expenses involved not to mention the emotional upheaval to be endured during the court process.