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a louisiana marital settlement agreement allows a couple who are getting divorced to set the terms and obligations of their dissolution of marriage its typically used to split shared property and address financial and parental responsibilities in this video well go over the importance of louisiana marital settlement agreements some key legal requirements and how to obtain an official fillable template first lets begin by discussing the importance of a louisiana marital settlement agreement the marital settlement agreement outlines the basic terms of an uncontested divorce arrangement its essential to establish the distribution of shared assets alimony and or child support among other common terms a mutually agreed upon settlement is crucial as it includes a calculation of the amount of spousal and child support records all of the details surrounding the divorce can avoid a formal trial in district court allows the couple to divide their joint assets including real and personal prop