Divorce Settlement

A divorce settlement is an agreement between two divorcing spouses that outlines how they will divide their assets, debts, and responsibilities. It typically addresses issues such as property division, child custody, child support, and alimony. The settlement can be reached through negotiation, mediation, or court proceedings. Once both parties agree, the settlement is formalized in a legally binding document, which the court may then approve. This process aims to resolve disputes fairly and help both individuals move forward after the marriage ends.