Legal Divorce Settlement Agreement Template for New Jersey

New Jersey Divorce Settlement Agreement

This Divorce Settlement Agreement ("Agreement") is designed to guide the parties through the process of divorce in accordance with the laws of the State of New Jersey, under the New Jersey Equitable Distribution Law. It serves to resolve marital issues including, but not limited to, division of property, child custody, child support, and alimony.

1. Parties Information

Full Name of Spouse 1: ____________________________

Full Name of Spouse 2: ____________________________

Date of Marriage: ____________________________

Date of Separation: ____________________________

Address of Marital Residence: ____________________________

2. Children

Do the parties have any minor children born of the marriage?

_____ Yes

_____ No

If yes, list the names and birth dates of all minor children:

1. Name: ____________________, Birth Date: ________________
2. Name: ____________________, Birth Date: ________________

3. Division of Marital Property

The parties agree to the division of marital property as follows:

• Real Estate Property (description and division): _____________________________________________________________________________________
• Vehicles (description and division): _____________________________________________________________________
• Bank Accounts (description and division): __________________________________________________________________
• Retirement Accounts (description and division): __________________________________________________________________
• Other Assets (description and division): __________________________________________________________________

4. Debt Allocation

The parties agree to the allocation of marital debt as follows:

• Mortgage Debt (description and allocation): _________________________________________________________________________
• Credit Card Debt (description and allocation): _________________________________________________________________________
• Loan Obligations (description and allocation): _________________________________________________________________________
• Other Debts (description and allocation): _________________________________________________________________________

5. Child Custody and Support

The parties agree to the terms of child custody and support as follows:

1. Custody Arrangement: ___________________________________________________________
2. Child Support Payment Amount: ___________________________________________________
3. Payment Frequency: ____________________________________________________________
4. Health Insurance Responsibility: __________________________________________________
5. Other Child-Related Expenses: ____________________________________________________

6. Alimony/Spousal Support

The parties agree to the terms of alimony/spousal support as follows:

• Recipient: ___________________________________________________________
• Monthly Payment Amount: _____________________________________________
• Payment Frequency: _________________________________________________
• Duration of Payments: ________________________________________________
• Other Terms: _________________________________________________________

7. Entire Agreement

This document contains the entire agreement between the parties relating to the matters contained herein and supersedes all prior negotiations, agreements, and understandings. Any modifications to this Agreement must be in writing and signed by both parties.

8. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, without giving effect to any principles of conflicts of law.

9. Signatures

By signing below, both parties acknowledge they have read, understand, and agree to the terms of this New Jersey Divorce Settlement Agreement.

Spouse 1 Signature: __________________________________ Date: _______________

Spouse 2 Signature: __________________________________ Date: _______________