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A marital settlement agreement is a divorce contract used to divide property and liabilities. It outlines alimony, child support, and custody arrangements before seeking a judge's approval. In this video, we discuss the function of these agreements and where to find an official template for free. When starting a divorce, negotiating terms is crucial. Couples should reach a mutual agreement on asset distribution and support before seeking a court decree. Best practices include hiring a divorce attorney, gathering financial information, and scheduling meetings with each spouse.