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A marital settlement agreement is a divorce contract that outlines property division, alimony, child support, and custody arrangements prior to filing for divorce. It is important for couples to reach a mutual agreement on these terms before seeking a court's approval. To start a divorce, it is recommended to seek a divorce attorney, gather financial information, and schedule meetings with each spouse. This video discusses the function of marital settlement agreements and provides information on where to find an official template for free.