Rhopped Island Divorce Settlement Agreement
This Divorce Settlement Agreement (“Agreement”) is entered into on this ______ day of _______________, 20___, by and between ___________________________________________________________________________ (hereinafter referred to as "Party A") and _________________________________________________________________________ (hereinafter referred to as "Party B").
WHEREAS, Party A and Party B were lawfully married on the ______ day of _______________, 20___, in the State of Rhode Island; and
WHEREAS, due to certain irreconcilable differences, Party A and Party B have agreed to live separately and apart, desiring to dissolve their marriage pursuant to the laws of the State of Rhode Island; and
WHEREAS, Party A and Party B wish to finalize the dissolution of their marriage by resolving all issues relating to property division, debt allocation, spousal support (if any), and, if applicable, child support, custody, and visitation, in a manner consistent with Rhode Island law;
NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Party A and Party B agree as follows:
1. Dissolution of Marriage:
The parties hereby agree to the dissolution of their marriage pursuant to the Rhode Island General Laws Title 15-5, and to file any necessary documents to effectuate such dissolution in the Rhode Island Family Court.
2. Division of Property:
All marital property, assets, and debts shall be divided between the parties as follows:
- __________________________________________________;
- __________________________________________________;
- __________________________________________________;
3. Spousal Support:
Party A [shall/shall not] provide spousal support to Party B. The terms of such support shall be as follows:
- Amount: $________________ per month;
- Duration: _______________ months/years;
- Other terms: _______________________________________.
4. Child Support, Custody, and Visitation (if applicable):
If the parties have minor children, they agree to the following terms regarding child support, custody, and visitation:
- Child Support Amount: $________________ per month per child;
- Custody Arrangement: _______________________________;
- Visitation schedule: _______________________________;
5. Debts:
Each party agrees to assume responsibility for the following debts and to hold the other party harmless therefrom:
- __________________________________________________;
- __________________________________________________;
- __________________________________________________;
6. Miscellaneous:
This Agreement represents the entire understanding and agreement between the parties with respect to the dissolution of their marriage and supersedes all prior discussions, agreements, and understandings of every kind and nature between them.
This Agreement shall be binding upon and inure to the benefit of the parties, their heirs, executors, administrators, and assigns. No modification of this Agreement shall be valid unless made in writing and signed by both parties.
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.
Party A Signature: ___________________________________________________
Party B Signature: ___________________________________________________
Date: _________________________