Marital settlement agreements Attorney Neptune Beach

You may encounter a legally binding contract called the marital settlement agreement when going through a divorce. The MSA works to resolve certain issues related to your divorce. 

Sometimes, the MSA can be complex, which is why it’s a good idea to consult with the legal team from Griffin Law Firm to help with the process. We can review the information included in the MSA and help ensure it meets your short- and long-term needs. We will review the information in the document and negotiate with the other party when needed. Our goal is to help you get the terms that best suit your needs and situation. 

Issues Resolved by the MSA

The MSA resolves several issues, which include:

Visitation and Child Custody

Typically, these issues are handled with a parenting plan in Neptune Beach, Florida. It is an agreement that is included in the MSA. 

Child Support 

The state set formula is used to determine child support for your case. 

Alimony

It’s possible to negotiate the duration and amount of alimony payments. This isn’t the same as child support, and there aren’t any fast or hard rules regarding how to calculate alimony. A judge can help determine what amount is fair. 

Division of Property

In the MSA, the property and debts that are considered marital property will be divided. 

Once the information for the MSA is finalized, it will be filed in the Court. At this point, a final judgment is issued. 

Are Marital Settlement Agreements Legally Binding?

Since this is a contract, the MSA is enforceable, just like any contract would be. Because of this, the rules that apply to contract interpretation apply to the situation. 

However, something that is unique in the family law sector relates to the terms outlined in the MSA for child support and alimony. These can be modified if one of the parties shows some significant change in their circumstances that make the modification necessary. Alimony will only be considered non-modifiable if both parties agree to this. 

When it comes to child support, the situation is always modifiable, which means that parents cannot agree to non-modifiable child support. Also, terms related to marital asset distribution and liabilities are not modifiable. 

Sometimes, the MSA can be written to include provisions that let modify the terms with a written document that has been signed by both people involved. After everyone signs the MSA, then it is considered legally binding. The grounds necessary to set aside MSAs are complex and something you should talk to our legal team about. 

Should You Hire a Neptune Beach Attorney to Help Prepare the MSA?

Even though there is no law requiring you to hire a family law attorney for help with creating your marital settlement agreement, we recommend it. In many cases, legal jargon is confusing, and it’s a good idea to have your attorney review the information contained in it. This will ensure you understand everything and that it meets your needs. 

Consult with Our Family Law Attorney for Help with Your Marital Settlement Agreements

If you are going through a divorce, there are many things and issues you must deal with. The creation of the Marital Settlement Agreement outlines important facts about your situation and case. Because of the complexities of these documents, it is best to consult with our attorney for assistance. 

Our legal team can review the information contained in the document and ensure it is in your best interest. While there are some issues in these contracts that can be modified, others cannot. For this reason, you need to ensure the terms are suitable before signing. We can help with this. 

Any time you are dealing with a family law issue, you can count on our team to help you get through it. Contact us today to learn more about the MSA and how our legal team can help your situation.

You may encounter a legally binding contract called the marital settlement agreement when going through a divorce. The MSA works to resolve certain issues related to your divorce. 

Sometimes, the MSA can be complex, which is why it’s a good idea to consult with the legal team from Griffin Law Firm to help with the process. We can review the information included in the MSA and help ensure it meets your short- and long-term needs. We will review the information in the document and negotiate with the other party when needed. Our goal is to help you get the terms that best suit your needs and situation. 

Issues Resolved by the MSA

The MSA resolves several issues, which include:

Visitation and Child Custody

Typically, these issues are handled with a parenting plan in Neptune Beach, Florida. It is an agreement that is included in the MSA. 

Child Support 

The state set formula is used to determine child support for your case. 

Alimony

It’s possible to negotiate the duration and amount of alimony payments. This isn’t the same as child support, and there aren’t any fast or hard rules regarding how to calculate alimony. A judge can help determine what amount is fair. 

Division of Property

In the MSA, the property and debts that are considered marital property will be divided. 

Once the information for the MSA is finalized, it will be filed in the Court. At this point, a final judgment is issued. 

Are Marital Settlement Agreements Legally Binding?

Since this is a contract, the MSA is enforceable, just like any contract would be. Because of this, the rules that apply to contract interpretation apply to the situation. 

However, something that is unique in the family law sector relates to the terms outlined in the MSA for child support and alimony. These can be modified if one of the parties shows some significant change in their circumstances that make the modification necessary. Alimony will only be considered non-modifiable if both parties agree to this. 

When it comes to child support, the situation is always modifiable, which means that parents cannot agree to non-modifiable child support. Also, terms related to marital asset distribution and liabilities are not modifiable. 

Sometimes, the MSA can be written to include provisions that let modify the terms with a written document that has been signed by both people involved. After everyone signs the MSA, then it is considered legally binding. The grounds necessary to set aside MSAs are complex and something you should talk to our legal team about. 

Should You Hire a Neptune Beach Attorney to Help Prepare the MSA?

Even though there is no law requiring you to hire a family law attorney for help with creating your marital settlement agreement, we recommend it. In many cases, legal jargon is confusing, and it’s a good idea to have your attorney review the information contained in it. This will ensure you understand everything and that it meets your needs. 

Consult with Our Family Law Attorney for Help with Your Marital Settlement Agreements

If you are going through a divorce, there are many things and issues you must deal with. The creation of the Marital Settlement Agreement outlines important facts about your situation and case. Because of the complexities of these documents, it is best to consult with our attorney for assistance. 

Our legal team can review the information contained in the document and ensure it is in your best interest. While there are some issues in these contracts that can be modified, others cannot. For this reason, you need to ensure the terms are suitable before signing. We can help with this. 

Any time you are dealing with a family law issue, you can count on our team to help you get through it. Contact us today to learn more about the MSA and how our legal team can help your situation.