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Marital Settlement Agreement
"I need a Marital Settlement Agreement for an Indonesian-Australian couple with joint business interests in both countries, including provisions for the division of three companies and arrangements for ongoing business collaboration post-divorce, to be finalized by March 2025."
1. Parties: Identification and details of both spouses, including full legal names, addresses, and occupations
2. Background: Details of the marriage, including date and place of marriage, reasons for separation, and current living situation
3. Definitions: Definitions of key terms used throughout the agreement
4. Effective Date and Termination: When the agreement becomes effective and circumstances for termination
5. Division of Property: Comprehensive arrangement for division of marital assets and debts
6. Mutual Release of Claims: Waiver of future claims against each other's property or estate
7. Financial Disclosure: Acknowledgment of full disclosure of assets and financial circumstances
8. Tax Provisions: Arrangements for tax liabilities and filing status
9. Future Dispute Resolution: Procedures for resolving future disputes related to the agreement
10. Governing Law: Specification of Indonesian law as governing law and relevant jurisdiction
11. Entire Agreement: Statement that this document represents the complete agreement between parties
12. Severability: Provision ensuring remainder of agreement stays valid if any part is found unenforceable
13. Execution: Signing requirements and witness provisions
1. Child Custody and Support: Required if the couple has children - includes custody arrangements, visitation rights, and financial support
2. Spousal Support: Include if there are ongoing financial support arrangements between spouses
3. Religious Considerations: Required for Muslim couples or other religious marriages requiring specific provisions
4. Business Interests: Include if either party owns business interests that need to be addressed
5. International Assets: Required if parties have assets in multiple countries
6. Educational Expenses: Include if there are ongoing educational commitments for children or spouse
7. Insurance Provisions: Include if there are life, health, or other insurance policies to be maintained
8. Intellectual Property Rights: Include if either party has IP rights that need to be addressed
9. Foreign Law Compliance: Required for international couples or if agreement needs to be enforced in multiple jurisdictions
1. Schedule A - Real Property: Detailed list and division of real estate properties
2. Schedule B - Personal Property: Inventory and division of personal property and household items
3. Schedule C - Financial Accounts: List of bank accounts, investments, and their agreed division
4. Schedule D - Vehicles: List and division of automobiles and other vehicles
5. Schedule E - Debts and Liabilities: Comprehensive list of debts and responsibility for payment
6. Schedule F - Business Assets: Details of business interests and their division
7. Schedule G - Pension and Retirement Accounts: List and division of retirement benefits and pension plans
8. Appendix 1 - Financial Disclosure Statements: Detailed financial statements from both parties
9. Appendix 2 - Child Support Calculations: Detailed calculations for child support payments if applicable
10. Appendix 3 - Parenting Plan: Detailed parenting arrangements if children are involved
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