Have you heard the acronym MSA tossed about? Have you wondered what on earth is this document and why does it sound so crucial to your divorce? Well, in short, it’s your divorce agreement or what is called in family law your Marital Settlement Agreement.
Entering into an MSA means that you and your spouse have settled your divorce issues and there is no longer a need for a Trial. Instead, an Uncontested Divorce Hearing takes place where your divorce becomes final. Most litigants view settlement as a viable option but it does not come without patience, negotiation and compromise. This is especially true when disputes over children exist.
Entering into an MSA with the advice of an attorney may be the best option for you. In fact, most celebrities choose this route so that they can avoid the spotlight of a trial.
It is wise to make the MSA as comprehensive as possible. For example, if you are aware that situations will change you may address that contemplated situation within the MSA. In New Jersey, the MSA is incorporated into your Judgment of Divorce and is given the same treatment as any other court order.
If you have concerns about a settlement agreement that your spouse has drafted or you wish to submit a settlement agreement to your spouse, please call us at (908) 879-9499.