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a maryland marital settlement agreement allows a couple undergoing a divorce to set mutual terms when formally dissolving their marriage its often used to split shared property and address financial and parental responsibilities both parties will assume under the settlement in this video well go over the importance of maryland marital settlement agreements some vital legal requirements and how to obtain an official fillable template lets begin by discussing the overall importance of a marital settlement agreement a marital settlement agreement outlines the basic conditions of an uncontested divorce arrangement in essence it serves to establish everything from the distribution of shared assets to any 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 circuit court allows the couple to div
