The Colorado Divorce Settlement Agreement form is a legal document that outlines the terms of a divorce between two parties. This agreement covers various aspects such as asset division, child custody, and support payments. Understanding this form is essential for ensuring a fair and smooth divorce process.
The Colorado Divorce Settlement Agreement form is a critical document in the divorce process, serving as a comprehensive outline of the terms agreed upon by both parties. This form addresses key issues such as the division of property, allocation of debts, child custody arrangements, and child support obligations. It ensures that both spouses understand their rights and responsibilities following the dissolution of marriage. By detailing the agreements reached, this form minimizes the potential for future disputes and provides clarity for both individuals involved. Completing this form accurately is essential, as it becomes part of the court record and can influence the final judgment. Additionally, it may include provisions for spousal support, visitation schedules, and other pertinent arrangements that reflect the unique circumstances of the family. Understanding the nuances of this document can greatly assist individuals in navigating the complexities of divorce proceedings in Colorado.
Colorado Divorce Settlement Agreement
This Divorce Settlement Agreement ("Agreement") is made on this ___ day of ___________, 20__, by and between ________________ (hereinafter referred to as "Party A") and ________________ (hereinafter referred to as "Party B"). Party A and Party B collectively are referred to as the "Parties".
WHEREAS, the Parties were lawfully married on ________________, in ________________, Colorado and now wish to dissolve their marital relationship and address the division of their assets and liabilities and resolve matters of support and, if applicable, the custody and visitation of their children, in accordance with the laws of the State of Colorado;
WHEREAS, the Parties wish to enter into this Agreement to provide for the equitable division of their marital property, the dissolution of marital assets, allocation of marital liabilities, and, if applicable, detail child custody, visitation, and support arrangements;
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the Parties agree as follows:
1. Marital Dissolution
The Parties hereby agree that their marriage will be dissolved under the laws of the State of Colorado, specifically referencing the "Colorado Marital Dissolution Act" (C.R.S. 14-10-101 et seq.).
2. Division of Marital Property
The Parties have disclosed to each other all assets and liabilities they each hold and hereby divide their marital property as follows:
3. Alimony/Spousal Support
Party A / Party B shall pay to the other party $__________ per month as spousal support for a term of ___________, subject to the provisions of Colorado law, particularly C.R.S. 14-10-114.
4. Child Custody and Support
If the Parties have children from the marriage, they agree to the following terms regarding custody and child support, recognizing the guidelines established under the "Colorado Child Support Guidelines" (C.R.S. 14-10-115). Details of custody arrangements and child support payments shall be as follows:
5. Modification
This Agreement constitutes the entire agreement between the Parties pertaining to its subject matter and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the Parties. No modification of this Agreement will be effective unless in writing and signed by both Parties.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado.
7. Execution
IN WITNESS WHEREOF, the Parties have executed this Agreement effective as of the date first above written.
_________________________ _________________________
Signature of Party A Signature of Party B
Printed Name of Party A Printed Name of Party B
Date: ___________________ Date: ___________________
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