The Marital Agreement Divorce is a crucial document used in Singapore divorce proceedings to formalize the terms agreed upon by separating spouses. It complies with Singapore's Women's Charter and related legislation, providing a detailed framework for asset division, maintenance, child custody, and other divorce-related matters. This agreement is typically prepared after the parties have decided to divorce and before or during divorce proceedings in the Singapore courts. It can be used for both contested and uncontested divorces, though it's most commonly used in uncontested cases where parties have reached mutual agreement on key terms.
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1. Parties: Identification and details of both spouses including full names, identification numbers, and addresses
2. Background: Marriage date, separation circumstances, and reason for divorce
3. Definitions: Key terms used tHRoughout the agreement including 'Matrimonial Assets', 'Maintenance', 'Custody'
4. Division of Matrimonial Assets: Detailed allocation of property, investments, and other assets acquired during marriage
5. Maintenance Arrangements: Financial support terms for spouse and/or children including amount, frequency, and duration
6. Children Matters: Custody, care and control, and access arrangements for children
7. General Provisions: Governing law, dispute resolution mechanisms, and amendment procedures
1. CPF Division: Specific arrangements for the division of Central Provident Fund savings between parties
2. Business Interests: Division of business assets, shares, and ongoing business arrangements
3. Overseas Assets: Treatment and division of foreign property or investments
4. Insurance Policies: Assignment or maintenance of insurance coverage and beneficiary arrangements
1. Schedule 1: Asset Inventory: Comprehensive list of all matrimonial assets and their current market values
2. Schedule 2: Property Details: Specific details of real estate properties including addresses, ownership status, and mortgages
3. Schedule 3: Children's Expenses: Detailed breakdown of children's maintenance costs and payment responsibilities
4. Appendix A: Parenting Plan: Detailed arrangements for children's care, education, and access schedules
5. Appendix B: Financial Disclosure: Complete financial statements of both parties including assets, liabilities, and income
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