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[Music] a new york marital settlement agreement is a divorce instrument by which two spouses come to a mutually beneficial understanding regarding the division of their assets liabilities properties and any child custody or support since completing a settlement in some cases can be accomplished without an attorney and the expense of fees that come with legal representation this video aims to discuss the agreement its functions and some legal requirements for couples to put together their own contract where he forms the worlds biggest online database of legal documents make sure to watch to the end of this video where well give you a link to where you can make your own marital settlement agreement online potentially saving you thousands of dollars during the divorce process lets start by discussing what is a marital settlement agreement in essence its a document detailing how a couple will distribute shared assets and responsibilities after their official divorce some of the most co