Divorce Agreement
This agreement (“Agreement”) is entered into on ___________ [insert date] by and between ___________ [insert name of husband] (“Husband”) and ___________ [insert name of wife] (“Wife”) in connection with the parties’ divorce.
1. Property Division. The parties agree to divide their marital assets and debts as follows:
A. Husband shall receive:
i. The marital home located at ___________ [insert address]， valued at ___________ [insert value];
ii. Bank account with ___________ [insert bank name and account number]， valued at ___________ [insert value];
iii. Stocks and bonds held at ___________ [insert brokerage firm name]， valued at ___________ [insert value];
iv. 2018 Toyota Camry， vehicle identification number ___________， valued at ___________ [insert value]; and
v. The parties’ [list any other assets].
B. Wife shall receive:
i. Bank account at ___________ [insert bank name and account number]， valued at ___________ [insert value];
ii. 2015 Nissan Rogue， vehicle identification number ___________， valued at ___________ [insert value]; and
iii. The parties’ [list any other assets].
C. The parties shall divide all debts equally， including:
i. Mortgage on marital home with ___________ [insert lender]， with a balance of ___________ [insert balance];
ii. Credit card debt with ___________ [insert bank]， with a balance of ___________ [insert balance];
iii. Car loan on 2015 Nissan Rogue with ___________ [insert lender]， with a balance of ___________ [insert balance];
iv. Car loan on 2018 Toyota Camry with ___________ [insert lender]， with a balance of ___________ [insert balance]; and
v. Any other debts incurred during the marriage.
2. Child Custody and Support.
A. The parties agree to share joint physical and legal custody of their child [insert child’s name] (“Child”).
B. The parties shall agree in good faith on the child’s educational， health care， and religious upbringing.
C. Husband shall pay to Wife child support in the amount of ___________ [insert amount] per month until Child reaches the age of eighteen or graduates high school， whichever is later.
D. The parties shall each contribute equally to the cost of any extraordinary expenses for the child， such as medical care not covered by insurance， extracurricular activities， and tutoring.
3. Alimony.
A. The parties agree that neither party shall pay alimony to the other.
4. Waiver of Rights.
A. The parties agree that this Agreement is a final and complete settlement of all issues arising out of their marriage.
B. Each party hereby waives any and all claims for equitable distribution， alimony， support， attorneys’ fees， and costs.
C. This Agreement shall be binding on the parties and any successors in interest.
D. This Agreement may not be amended except in writing signed by both parties.
IN WITNESS WHEREOF， the parties have executed this Agreement on the date and year first above written.
_____________________ John Smith [Husband]
_____________________ Jane Smith [Wife]
_____________________ [insert name of witness] [Witness]
