This document serves as the conclusive legal judgment that terminates a marriage. It outlines the specific terms and conditions agreed upon by both parties or determined by a court, including aspects such as property division, spousal support, child custody arrangements, and child support obligations. For example, a fully executed document might specify the exact assets each spouse will receive, detail the parenting schedule for the children, and establish the amount and duration of any financial payments.
The significance of this legal instrument lies in its enforceability. It provides a clear and binding framework for post-divorce life, preventing future disputes and offering legal recourse should either party fail to comply with the established stipulations. Historically, formalized agreements of this nature have evolved to provide greater protection and clarity for all parties involved, particularly concerning the well-being of any children impacted by the dissolution of the marriage. Access to examples assists in understanding typical clauses and the overall structure of such documents.