Ohio Divorce Settlement Agreement Template

Ohio Divorce Settlement Agreement

This Divorce Settlement Agreement ("Agreement") is made on [______] (the "Effective Date"), by and between [__________] ("Party A") and [__________] ("Party B") (collectively referred to as the "Parties"), who have made a mutual decision to legally dissolve their marriage under the laws of the State of Ohio. Both Parties have agreed to amicably settle all matters related to their marriage dissolution, including but not limited to division of assets, debts, support, and if applicable, custodial matters related to their children.

WHEREAS, the Parties were legally married on [__________], in the State of Ohio, and now wish to dissolve their marriage entirely;

WHEREAS, the Parties wish to enter into this Agreement to detail the division of their assets, liabilities, spousal support, and, if applicable, matters regarding their minor children;

WHEREAS, both Parties have fully disclosed to each other their financial assets and liabilities, freely and under no duress;

NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, the Parties agree as follows:

1. Division of Assets and Liabilities: The Parties agree to divide their marital assets and liabilities as follows: [Specify terms for division of assets, real estate, personal property, retirement accounts, and liabilities].
2. Spousal Support: [Specify terms regarding if either party shall pay spousal support to the other, the amount, and duration. If not applicable, state "Not Applicable"].
3. Child Custody and Support: If the Parties have minor children, they agree to co-parent according to the best interests of the children. The custody and support terms are as follows: [Specify terms of custody, visitation rights, and child support]. If not applicable, state "Not Applicable".
4. Miscellaneous:
   • Both Parties agree to freely sign and execute any documents necessary to carry out the terms of this Agreement.
   • This Agreement shall be governed by and construed in accordance with the laws of the State of Ohio.
   • This Agreement contains the entire agreement between the Parties relating to their divorce and supersedes any prior agreements, whether oral or in writing.
   • Any amendments to this Agreement must be made in writing and signed by both Parties.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

Party A: ___________________________ Date: ____________

Party B: ___________________________ Date: ____________