Divorce Settlement Agreement Template - Illinois

Divorce Settlement Agreement Template - Illinois

Illinois Divorce Settlement Agreement: What Is It?

An Illinois Divorce Settlement Agreement is a legally binding contract signed by a couple that is planning to divorce. Before the separation is properly recognized and permanent, it is required to reach an agreement regarding the most important matters concerning the marriage in question and the life of each spouse after they are divorced.

Alternate Names:

  • Illinois Marital Settlement Agreement;
  • Illinois Divorce Agreement.

This document should cover the following details: the identification of the parties and the reason they want a divorce, the information about the children of the couple, the assets acquired during the marriage, and the financial liabilities of either spouse, the breakdown of the child and spousal support, and the property each party gets after the separation is complete. You may need to fill out additional statements to specify certain things like visitation rights, insurance payments, and the debts the spouses will have to deal with on their own.

An Illinois Divorce Settlement Agreement template can be found below.

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How to File for Divorce in Illinois?

Whether you are hiring a divorce lawyer or you believe you can handle the divorce on your own, follow these steps to start a divorce case in Illinois:

  1. Collect the right documents. If you have children, you will have to fill out more papers to list the names of your kids and certify they will receive the support of both parents. Besides, you will be under an obligation to attend an educational course to learn how to help your child cope with the consequences of your separation.
  2. Complete a petition to dissolve the marriage and describe your assets, including real property, and debts incurred by both spouses. Once the documentation is ready, you may notify the other spouse about the decision to divorce with a summons or personal letter. The recipient of the information will have thirty days to compose a response to the petition and file it with the circuit court - after that, a court hearing will be scheduled.
  3. Negotiate an Illinois Marital Settlement Agreement - it is in your best interest to come to a mutual understanding quickly so that you do not delay the court proceedings. The judge will read the document, determine how fair it is, and approve the decision to divorce - the clerk will issue a certificate as proof.

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