Marital Settlement Agreement Arkansas

The husband and wife agree that from the date of this Agreement, debts or joint debts are no longer contracted. The husband and wife agree that each is individually liable for all debts he or she acquires after the date of this Agreement. Some couples choose to live separately and separately, but prefer that their marital status remain “legally married,” as is the case with a legal separation in the state of Arkansas. A separation without a break of body is similar to a divorce because the couple leads a separate life, but because of their legal civil status, they can still benefit from being insured in their spouse`s health insurance and being able to file tax returns as a couple. Separation without dissolution of the body is also an option for those whose religious beliefs are opposed to divorce. Couples separated by law cannot remarry. Division of property (§ 9-12-315) – The court divides marital property according to the principles of equitable distribution. Therefore, all property and debts acquired by the couple during the marriage are divided equally between the spouses. To obtain an undisputed divorce verdict, the couple must agree on all matters related to their separation. Therefore, the parties must negotiate terms such as child maintenance, custody, spousal support and division of matrimonial property. Once a mutually acceptable agreement has been concluded, a conjugal agreement should be established setting out the conditions in writing.

C. All payments of family allowances under this Agreement shall be made and shall be made as follows: [choose one:] _______ All payments of family allowances shall be made directly through the competent public authority, officials or the court, which are intended to receive and pay such child support in accordance with the laws of the State of Arkansas, or _____ All family allowance payments are made directly to the parent: to whom child support is due; However, the parent to whom the payments are due reserves the right to require, after written notification to the paying parent, that such maintenance be paid directly to the competent public authority, officials or court, designated in accordance with the laws of the State of Arkansas to receive and pay such child support. The courts of equity may enforce written agreements between spouses and wives for separation or divorce, as well as maintenance judgments or injunctions, confiscated the property of one of the parties or its guarantors, or by other legitimate means and means; including seizures of rights of convenience or non-compliance procedures that are consistent with the rules and practices of the courts of equity. . . .