The Oregon Divorce Settlement Agreement form is a legal document that outlines the terms of a divorce settlement between spouses. This form is essential for ensuring that both parties agree on key issues such as asset division, child custody, and spousal support. Completing this form accurately can help facilitate a smoother divorce process and minimize potential disputes.
Going through a divorce can be a challenging and emotional experience, but having a clear understanding of the legal processes involved can make a significant difference. One crucial document that comes into play during this time is the Oregon Divorce Settlement Agreement form. This form serves as a comprehensive outline of the terms agreed upon by both parties, covering essential aspects such as property division, spousal support, child custody, and visitation rights. By detailing how assets and debts will be divided, it helps to prevent future disputes and provides a sense of closure. Moreover, it ensures that any arrangements regarding children are made in their best interest, promoting stability during a turbulent period. Understanding the importance of this form and the specifics it encompasses can empower individuals to navigate their divorce with clarity and confidence.
Oregon Divorce Settlement Agreement
This Divorce Settlement Agreement ("Agreement") is made on this __ day of ________, 20__, by and between ___________________ (hereinafter referred to as "Party 1") and ___________________ (hereinafter referred to as "Party 2"), collectively referred to as the "Parties."
WHEREAS, the Parties were lawfully married on ____________, 20__, in ________________, Oregon;
AND WHEREAS, the Parties have made a joint decision to live separately and apart, wishing to dissolve their marriage amicably under the laws of the State of Oregon;
AND WHEREAS, the Parties desire to settle between themselves all questions of division of property, child custody, visitation rights, child support, and spousal support;
NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, it is hereby agreed by and between the Parties as follows:
Division of Property
The Parties agree to divide their marital property as follows:
Debts and Liabilities
The Parties agree that debts and liabilities will be assumed as follows:
Child Custody and Visitation
Concerning the minor child(ren) of the marriage, the Parties agree to the following terms:
Spousal Support
Regarding spousal support, the Parties agree as follows (choose one):
Miscellaneous Terms
The Parties also agree to the following additional terms, if any:
_________________________________________________________
Entire Agreement
This Agreement contains the entire agreement between the Parties relating to the matters contained herein and supersedes any prior written or oral agreements between them. The Parties stipulate that neither of them has made any representation with respect to the subject matter of this Agreement or any representations inducing the execution and delivery hereof except such representations as are specifically set forth herein.
Amendment
This Agreement may only be amended or modified by a written document duly signed by both Parties.
Governing Law
This Agreement shall be governed by the laws of the State of Oregon, without giving effect to any principles or conflicts of law.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the first date above written.
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