Marital Domestic Separation and Property Settlement Agreement Adult Children Parties May have Joint Property or Debts where Divorce Action Filed - Minnesota 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the full legal names of both parties at the top of the form, ensuring accuracy for legal purposes.
  3. In Section 1, outline the separation details, including the date of separation and any relevant circumstances that led to this agreement.
  4. Proceed to Section 2 to disclose financial information. Each party should list their assets and liabilities clearly, ensuring transparency.
  5. In Section 3, detail the division of assets. Clearly describe each item being awarded to either party along with its current fair market value.
  6. Move on to Section 4 to specify how debts will be divided. List all debts each party agrees to pay individually.
  7. Complete Sections 5 through 21 as applicable, ensuring all necessary provisions regarding spousal support, future earnings, and mutual indemnity are addressed.
  8. Finally, both parties must sign the document in front of a notary public for it to be legally binding.

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A legal separation is when a married couple decides to live separately, but remains legally married. A divorce is the legal dissolution of marriage meaning the court terminates the marriages legal bond, determines child custody and support if needed, and divides the couples assets and liabilities.
Under Minnesota statute 518.003, all real and personal property acquired during marriage is marital property. Both spouses have equal rights to marital property, regardless of title or purchase date.

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