The Global Settlement Offer Divorce document is utilized in Singapore divorce proceedings when parties seek to resolve their matrimonial matters tHRough negotiation rather than contested litigation. This document comprehensively addresses all aspects of the divorce settlement, including division of matrimonial assets, maintenance arrangements, and child custody matters where applicable. It is drafted in accordance with Singapore's Women's Charter and related legislation, serving as a formal proposal that, if accepted, can significantly expedite the divorce process and reduce legal costs. The document is particularly valuable when parties wish to maintain amicable relations and achieve a mutually acceptable resolution.
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1. Parties: Details of both spouses involved in the settlement
2. Background: Marriage details, reason for divorce, and brief history
3. Definitions: Key terms used tHRoughout the agreement
4. Division of Matrimonial Assets: Detailed breakdown of asset division including property and finances
5. Maintenance Provisions: Terms for spousal and/or child maintenance
1. Child Custody Arrangements: Details of custody, care and control, and access arrangements for children under 21
2. Business Interests: Division of business assets and interests when either party owns business assets
3. International Assets: Provisions for overseas property or investments when couple has assets in other jurisdictions
1. Schedule A - Asset Inventory: Complete list of matrimonial assets and their values
2. Schedule B - Property Details: Details of all real estate properties and ownership arrangements
3. Schedule C - Child Care Schedule: Detailed visitation and care arrangements for children
4. Appendix 1 - Financial Disclosure: Financial statements and documentation from both parties
5. Appendix 2 - CPF Account Details: Details of CPF accounts and agreed divisions
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