NJ Divorce and Property or Matrimonial Settlement Agreements - When Is The Right Time to Have Them Drafted
NJ Divorce and Property or Matrimonial Settlement Agreements - When Is The Right Time to Have Them Drafted. The answer is, as soon as the parties agree to terms. If you are seeking an uncontested divorce and the parties agree on the terms of their divorce regarding child custody, child support, alimony or spousal support and equitable distribution of property, including terms for 401ks, IRAs, pensions or other retirement accounts, and distribution of the marital residence and personalty e.g. jewelry, then you can draft your property settlement agreement or matrimonial settlement agreement right away. Very often, we draft an initial agreement with the terms our client wishes and present that to the other party to get the parties moving towards settlement and to start framing the discussion as to what a settlement and its terms will look like in this particular New Jersey divorce.