Understanding Divorce Settlements
Married couples that file for divorce must go through a series of legal steps before their divorces are finalized. One of the most important parts of the divorce process is the divorce settlement. The settlement affects post-divorce life for both spouses.
In many cases, individuals negotiate their settlements with their spouses, but sometimes courts decide the settlement details. If you and your spouse are headed toward divorce, contact the Fort Lauderdale divorce lawyers of Eric N. Klein & Associates, P.A., at 954-580-8080 to learn more about the process from an experienced legal professional.
Components of a Divorce Settlement
A divorce settlement aims to tie up the loose ends that a divorce creates. Most importantly, the divorce settlement is used to determine:
- Alimony
- Child custody
- Child support
- Division of marital debts
- Division of marital property
Typically, attorneys for both spouses will negotiate the terms of the settlement and try to receive the most favorable settlements for their clients. It is important to note that both spouses must accept the terms of a settlement, not just the spouses’ attorneys
In most cases, spouses are ultimately able to come to terms on the agreement. In the rare instances that spouses are unable to reach a settlement agreement, a divorce court will determine the terms of the settlement.
Contact Us
The Fort Lauderdale divorce attorneys of Eric N. Klein & Associates, P.A., can answer your divorce-related questions and provide the dedicated representation you deserve. If you and your spouse are considering divorce, contact us today at 954-580-8080 for a free consultation.
