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a marital settlement agreement is a divorce contract used when splitting property and liabilities owned by a couple its often used to outline alimony child support and custody arrangements prior to filing a divorce and seeking a judges approval in this video well discuss marital settlement agreements and their function as well as where to get an official template for free first lets begin by overviewing how to start a divorce its crucial to understand how to begin negotiating divorce terms and where a marital settlement agreement lies within that process before seeking a divorce decree from a court a couple should come to a mutual agreement about how assets and support will be distributed therefore when initiating a divorce the following steps are some of the best practices seek a divorce attorney to ensure the settlement terms are fair and uncontested gather all financial information including tax returns assets and liabilities and current income schedule a meeting with each spou