Printable Divorce Settlement Agreement Document for Indiana

Indiana Divorce Settlement Agreement

This Indiana Divorce Settlement Agreement ("Agreement") is made on this ______ day of ___________, 20__, by and between ______________________ (hereinafter referred to as "Party One") and ______________________ (hereinafter referred to as "Party Two").

WHEREAS, Party One and Party Two were lawfully married on ___________, 20__, in ________________, Indiana; and

WHEREAS, the parties intend to dissolve their marriage via a divorce proceeding in the state of Indiana; and

WHEREAS, the parties wish to settle between themselves all matters regarding their marital assets, debts, support, and custody of their children.

NOW, THEREFORE, in consideration of the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1. Division of Marital Assets and Debts

Both parties agree to an equitable division of marital assets and debts as per Indiana's equitable distribution laws. The specifics of this division are as follows:

1. Marital Residence: ___________________________________________________________________________.
2. Personal Property (including, but not limited to, furnishings, electronics, and vehicles): _______________ _____________________________________________________________________________________.
3. Financial Accounts (bank accounts, retirement accounts, and investment accounts): _________________ _____________________________________________________________________________________.
4. Marital Debts (creditor, account number, and balance): _________________________________________ _____________________________________________________________________________________.

2. Spousal Support

After considering the standard of living established during the marriage, the duration of the marriage, and the age and the physical and emotional condition of both parties, as well as any other relevant factors, the parties agree to the following terms regarding spousal support:

• Party One shall pay Party Two a monthly spousal support of $____________ for a period of ____________ years/months, beginning on ____________, 20__.
• The terms of this support may be revisited and modified based on significant changes in either party's financial situation or as otherwise allowed by law.

3. Child Custody and Support

If the parties have minor children from their marriage, they agree to prioritize their children’s well-being and arrange for their custody, support, and parenting time in the best interests of the child/children, considering their health, education, and general welfare. The terms are as follows:

1. Child Custody: _____________________________________________________________________________.
2. Child Support: Party One/Party Two shall pay child support in the amount of $_____________ per month, in accordance with Indiana's Child Support Guidelines, until the child(ren) reach the age of 18 or graduate high school, whichever is later.
3. Parenting Time: ___________________________________________________________________________.

4. Miscellaneous

The parties agree that this Agreement shall be governed by the laws of the State of Indiana. This Agreement contains the entire agreement between the parties regarding the dissolution of their marriage and supersedes all prior discussions, agreements, or understandings of any kind, and no other agreement, statement, or promise relating to the subject matter of this Agreement that is not contained in this Agreement shall be valid or binding.

IN WITNESS WHEREOF, the Parties have executed this Agreement on the first date written above.

Party One: __________________________________
Party Two: __________________________________

Date: _______________________________________