Hawaii Divorce Settlement Agreement
This Divorce Settlement Agreement ("Agreement") is made and entered into as of [______] ("Effective Date") by and between [___________] ("Party One") and [___________] ("Party Two"), collectively referred to as the "Parties," who wish to formalize their agreement relating to their divorce and the division of their assets, liabilities, support, and other necessary terms pursuant to the laws of the State of Hawaii.
WHEREAS, the Parties were lawfully married on [___________], in the State of Hawaii and now desire to live separately and apart from each other, intending to dissolve their marriage completely;
WHEREAS, the Parties wish to resolve matters related to their marital status, including but not limited to the division of marital property, debts, child custody, visitation, child support, and alimony through this Agreement without further litigation;
WHEREAS, the Parties understand that this Agreement will be submitted to a competent court in the State of Hawaii for approval and, once approved, will have the full force of a court order;
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
- Division of Property: The Parties agree to the division of property as follows:
[Description of how the marital property will be divided, including real estate, vehicles, financial accounts, etc.]
- Division of Debt: The Parties agree to the division of debt as follows:
[Description of how marital debts will be assigned to each party, including credit card debts, loans, mortgages, etc.]
- Child Custody and Visitation: If applicable, the Parties agree to child custody and visitation arrangements as follows:
[Description of custody arrangements, visitation schedules, and decision-making responsibilities.]
- Child Support: The Parties agree to child support arrangements as follows:
[Specific terms regarding the amount, frequency, and methods of child support payments.]
- Alimony/Spousal Support: The Parties agree to alimony or spousal support arrangements as follows:
[Details of any agreed-upon spousal support, including duration and amount.]
- Miscellaneous:
[Any additional terms and conditions the Parties wish to include, such as tax considerations, insurance matters, etc.]
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date written above.
Party One Signature: ___________________________ Date: [______]
Party Two Signature: ___________________________ Date: [______]
This Agreement is subject to the approval of the competent court in the State of Hawaii and shall be governed by and construed in accordance with the laws of the State of Hawaii, without giving effect to any principles of conflicts of law.