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Jeanette Soltys from Atlanta Divorce Law Group explains that the divorce settlement agreement is a thorough document that includes all the terms of the agreement. This document varies in complexity depending on whether there are children involved. For couples without children, it mainly addresses division of assets, debt, and potential alimony. However, for couples with children, the agreement also includes custody, visitation, and child support arrangements. The parenting plan within the settlement agreement outlines who has legal custody and decision-making authority regarding the children, as well as how disagreements are resolved between parents.