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Happy Friday! In this episode of Five Minute Friday with Foundations Divorce Solutions, we explore divorce settlement agreements. A divorce settlement agreement is a formal document outlining the terms negotiated between spouses during divorce proceedings. It is personalized to fit each unique situation, often involving mediators or attorneys. Typically, these agreements include details about the division of marital property and debts, such as the sale of the family home and division of retirement accounts. They also address child custody arrangements, ensuring that both financial and custodial aspects are resolved in alignment with the couple’s specific circumstances.