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In this video, Tim Blankenship from divorce661.com discusses the preparation of the marital settlement agreement, also known as the divorce decree. He explains the minimal information required by courts to process judgments related to asset and debt division. Notably, courts do not require values or full account numbers for assets and debts in divorce decrees. Blankenship emphasizes the importance of privacy, as divorce cases are public records, allowing others to request and view details about the financial arrangements of the parties involved. He advises clients to consider this aspect when finalizing their marital settlement agreements.
