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a california marital settlement agreement documents the terms of a divorce or dissolution of marriage between spouses its typically used to split property and liabilities owned by the couple and outlines any alimony child support or custody arrangements in this video well discuss the importance of california marital settlement agreements some legal requirements and where to get an official template first lets begin by looking at the importance of a california marital settlement agreement the marital settlement agreement outlines the basic terms of the divorce agreement such as which spouse gets certain property thats jointly owned the agreement is essential when dividing up assets alimony and other supports a mutually agreed upon settlement is greatly important 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 superior court allows the couple to divide their joint assets including