Attorney-Verified Divorce Settlement Agreement Template for the State of Nevada
In Nevada, navigating the process of divorce can be complex and emotionally charged. One critical component of this process is the Divorce Settlement Agreement form, which outlines the terms agreed upon by both parties. This form addresses essential aspects such as property division, child custody arrangements, and spousal support. It serves as a legally binding document that ensures both individuals understand their rights and responsibilities following the divorce. By detailing how assets will be divided and how children will be cared for, the agreement aims to minimize conflict and provide clarity. Completing this form accurately is vital, as it can significantly impact the future lives of both partners and any children involved. Understanding the nuances of this agreement is essential for anyone considering divorce in Nevada.
Nevada Divorce Settlement Agreement Sample
Nevada Divorce Settlement Agreement
This Divorce Settlement Agreement ("Agreement") is made and entered into by _____ ("Spouse One") and _____ ("Spouse Two"), collectively referred to as the "Parties", residing in the State of Nevada, who wish to define their rights and responsibilities after their decision to dissolve their marriage.
WHEREAS, the Parties were married on _____, in _____, Nevada, and are now in the process of divorcing under the terms of their mutual agreement and in compliance with Nevada Revised Statutes (NRS); and
WHEREAS, the Parties wish to settle between themselves all matters concerning their marital properties, child custody, visitation rights, child support, alimony, and any other matters that need resolution as a result of the dissolution of their marriage.
Now, THEREFORE, in consideration of the mutual promises and agreements contained herein, the sufficiency of which is hereby acknowledged, the Parties agree as follows:
1. Division of Marital Assets and Liabilities
The Parties agree to the division of marital assets and liabilities as follows:
- Marital Residence: The marital residence located at _____, Nevada, shall be [awarded to/among] _____.
- Bank Accounts: All bank accounts currently held by the Parties shall be divided as follows:
- Personal Property: The Parties have divided their personal property to their mutual satisfaction and have released each other from any future claims regarding such property.
- Debts and Liabilities: The Parties agree that each will be responsible for the debts and liabilities in their names respectively and will indemnify and hold the other party harmless from such debts and liabilities.
2. Child Custody and Visitation
IF APPLICABLE: The Parties agree that the arrangement for the custody and visitation of their child(ren) shall be as follows:
- The Parties agree to joint legal custody of the child(ren).
- The primary physical custody will be awarded to _____, with the other party having visitation rights as agreed upon by both Parties.
- Any adjustments to this schedule must be made with the consent of both Parties, with the best interest of the child(ren) in mind.
3. Child Support
IF APPLICABLE: In accordance with the guidelines established by Nevada Revised Statutes, the non-custodial parent shall pay child support in the amount of _____ per month, commencing on _____ and continuing until the child(ren) reach the age of 18 or completes high school.
4. Spousal Support
IF APPLICABLE: The Parties agree that spousal support shall be paid from _____ to _____ in the amount of _____ per month, commencing on _____ and continuing until _____, unless otherwise agreed upon by both Parties in writing.
5. Entire Agreement
This Agreement constitutes the entire agreement between the Parties relating to the matters discussed herein and supersedes any prior understandings or agreements. No other agreement, verbal or otherwise, shall be binding unless it is in writing and signed by both Parties.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, without regard to its conflict of laws principles.
IN WITNESS WHEREOF, the Parties have executed this Agreement on _____.
_________________________________
Spouse One's Signature
_________________________________
Spouse Two's Signature
Document Data
| Fact Name | Details |
|---|---|
| Governing Law | The Nevada Divorce Settlement Agreement is governed by Nevada Revised Statutes (NRS) Chapter 125. |
| Purpose | This form is used to outline the terms of the divorce settlement between spouses. |
| Mutual Agreement | Both parties must agree to the terms outlined in the settlement for it to be valid. |
| Property Division | The agreement details how marital property and debts will be divided between the spouses. |
| Child Custody | If applicable, the agreement includes terms for child custody and visitation arrangements. |
| Child Support | The form may specify child support obligations, including the amount and duration of payments. |
| Spousal Support | It can also address spousal support (alimony) and the conditions under which it will be paid. |
| Filing Requirement | The completed agreement must be submitted to the court for approval as part of the divorce process. |
| Legal Representation | While not required, having legal representation can help ensure that the agreement is fair and compliant with state laws. |
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