Marital Domestic Separation and Property Settlement Agreement for persons with no Children, no Joint Property, or Debts Effective Immediately - Tennessee 2025

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Under Tennessee statutes, marital property is property acquired by either or both spouses during the marriage up to the date of the final divorce hearing. Thus, property that is acquired during the marriage from income earned during the marriage is marital property, regardless of title.
A settlement agreement differs from a separation agreement as it sets the terms for the divorce, not the separation. A settlement agreement should address all central issues of the divorce. This can include things like division of marital assets and debts, child custody, and child support, as well as spousal support.
Marital settlement agreements, also known as divorce settlement agreements , marital termination agreements , separation agreements, or stipulations of settlements, are written contracts between divorcing spouses of their responsibilities and rights after divorce .
As we have noted, since an MSA is a court-approved legal document, if one of the parties violates the terms you can be held in contempt. The violator can face penalties like fines, community service, and even jail time if the court considers the breach severe enough.
Property division requires that all property be identified, classified, and valued. Tennessee is an equitable distribution state. This means that once property is classified as marital or separate, the trial court must divide marital property equitably ing to the factors listed in T.C.A. 36-4-121(c).
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A marital separation agreement, also known as a property settlement agreement, is a written contract dividing your property, spelling out your rights, and settling problems such as alimony and custody.
If the parties enter into an agreement on the fulfillment of obligations after receiving the court/the arbitration decision, no further notification of the court/the arbitration court is required. A settlement agreement is a written agreement of the parties in civil proceedings that terminates civil proceedings.

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