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Jeanette Soltys from Atlanta Divorce Law Group explains the importance of a divorce settlement agreement, which is a comprehensive document that outlines terms of agreement. For couples without children, the document mainly focuses on asset division, debt, and potentially alimony. However, for couples with children, the agreement also includes custody, visitation, and child support, with a parenting plan outlining legal custody and decision-making authority. Joint legal custody is typical, but final decision-making authority is defined for disagreements.