DIVORCE SETTLEMENT AGREEMENT

(Wyoming – Comprehensive Form)

TABLE OF CONTENTS

1. Document Header
2. Definitions
3. Operative Provisions
   3.1 Property Division
   3.2 Debt Allocation
   3.3 Spousal Support (Alimony)
   3.4 Child Custody & Parenting Plan
   3.5 Child Support
   3.6 Insurance & Extraordinary Expenses
   3.7 Tax Matters
4. Representations & Warranties
5. Covenants & Restrictions
6. Default & Remedies
7. Risk Allocation
8. Dispute Resolution
9. General Provisions
10. Execution Block

1. DOCUMENT HEADER

This Divorce Settlement Agreement (“Agreement”) is made and entered into as of [EFFECTIVE DATE] (the “Effective Date”) by and between:

• [FULL LEGAL NAME OF SPOUSE 1], residing at [ADDRESS] (“Spouse 1”); and
• [FULL LEGAL NAME OF SPOUSE 2], residing at [ADDRESS] (“Spouse 2,” and together with Spouse 1, the “Parties,” and each a “Party”).

Recitals
A. The Parties were lawfully married on [MARRIAGE DATE] in [CITY, STATE].
B. Irreconcilable differences have arisen, and the Parties now seek a dissolution of their marriage pursuant to Wyoming law.
C. The Parties wish to settle fully and finally all questions of property, debt, support, parental responsibilities, and any other rights or obligations arising out of the marital relationship.

NOW, THEREFORE, in consideration of the mutual covenants herein and other good and valuable consideration, the sufficiency of which is acknowledged, the Parties agree as follows:

2. DEFINITIONS

Unless the context requires otherwise, capitalized terms have the following meanings:

“Agreement” – This Divorce Settlement Agreement, including all schedules, exhibits, and any amendments.
“Child(ren)” – The minor child(ren) of the Parties identified in Section 3.4.
“District Court” – The [___] Judicial District Court of the State of Wyoming, or any successor court with jurisdiction over domestic relations matters.
“Marital Assets” – All property determined to be marital under applicable Wyoming equitable-distribution principles, whether real, personal, tangible, intangible, vested, or contingent.
“Marital Debts” – All financial obligations incurred during the marriage and not otherwise characterized herein as a Separate Debt.
“Parenting Plan” – The custodial and visitation schedule set forth in Section 3.4 and Exhibit A.
“Separate Property” – Property determined to be the separate property of a Party under Wyoming law.

[// GUIDANCE: Add any additional defined terms (e.g., “Retirement Plan,” “Business Interests”) if needed.]

3. OPERATIVE PROVISIONS

3.1 Property Division

3.1.1 Classification. The Parties stipulate that the assets listed on Schedule 1 are Marital Assets and those on Schedule 2 are Separate Property.
3.1.2 Valuation. The value of each Marital Asset is the fair market value as of [VALUATION DATE], as mutually agreed or determined by a qualified appraiser.
3.1.3 Distribution.
(a) To Spouse 1: [DESCRIPTION & VALUE].
(b) To Spouse 2: [DESCRIPTION & VALUE].
3.1.4 Retirement Accounts. Each Party shall retain his or her individual retirement accounts. Any required transfer shall be accomplished via a Qualified Domestic Relations Order (“QDRO”) prepared at the transferee’s expense and submitted to the Court for approval.
3.1.5 Real Property Disposition. Title to the marital residence located at [ADDRESS] shall be transferred to [SPOUSE] no later than [DATE]. The transferee shall refinance or otherwise remove the other Party from any associated mortgage within [___] days.

[// GUIDANCE: Wyoming follows equitable—not equal—distribution. Ensure the allocations are “just and equitable” and reflect statutory factors such as duration of marriage, contribution, and economic circumstances.]

3.2 Debt Allocation

3.2.1 Schedule 3 lists all Marital Debts with current balances.
3.2.2 Each Party assumes and agrees to pay the debts allocated to him/her and shall indemnify the other in accordance with Section 7.1.

3.3 Spousal Support (Alimony)

3.3.1 Amount & Duration. Spouse [] shall pay Spouse [] alimony of $[AMOUNT] per month for [TERM], commencing on [START DATE] and terminating on the earlier of:
(a) expiration of the stated term;
(b) death of either Party; or
(c) remarriage or cohabitation of the recipient as defined by Wyoming law.
3.3.2 Modifiability. Alimony shall be [modifiable / non-modifiable] except upon written consent or court order based on a substantial change in circumstances.

3.4 Child Custody & Parenting Plan

3.4.1 Children. The Parties have the following minor child(ren):
• [NAME, DOB]
[Add further names as necessary]
3.4.2 Legal Custody. The Parties shall have [joint / sole] legal custody.
3.4.3 Physical Custody. Physical custody shall be [joint / primary] per Exhibit A.
3.4.4 Decision-Making. Major decisions regarding health, education, and welfare shall be made [jointly / by the custodial parent after consultation].
3.4.5 Relocation. A Party intending to change the principal residence of the child(ren) by more than [] miles shall provide at least [] days’ advance written notice and comply with Wyoming relocation procedures.

[// GUIDANCE: Ensure the Parenting Plan satisfies Wyoming’s “best interests of the child” standard, considering factors enumerated in Wyo. Stat. Ann. Title 20, Ch. 2.]

3.5 Child Support

3.5.1 Guideline Amount. Child support shall be paid by [PAYER] to [PAYEE] in the amount of $[AMOUNT] per month, calculated pursuant to the Wyoming Child Support Guidelines.
3.5.2 Payment & Enforcement. Payments shall be made via the Wyoming Child Support Enforcement System on or before the [___] day of each month and may be subject to income withholding.
3.5.3 Period. Support continues until each child reaches the age of majority or as otherwise provided by law. Modifications shall follow guideline procedures upon a material change in circumstances.

3.6 Insurance & Extraordinary Expenses

3.6.1 Health Insurance. [RESPONSIBLE PARTY] shall maintain health, dental, and vision insurance for the child(ren).
3.6.2 Unreimbursed Medical Costs. Costs not covered by insurance shall be allocated [percentage split], payable within 30 days of presentation of documentation.
3.6.3 Life Insurance. Each Party shall maintain life insurance of at least $[AMOUNT] naming the child(ren) as beneficiaries until the youngest child reaches majority.

3.7 Tax Matters

3.7.1 Dependency Exemptions. The Parties agree that [SPOUSE] may claim the child(ren) in [even/odd] tax years, provided that child support is current as of December 31.
3.7.2 Filing Status. The Parties shall file [married filing separately / as single] for the tax year in which the divorce decree is entered, unless otherwise mutually agreed.
3.7.3 Allocation of Refunds/Liabilities. Any refund or liability arising from joint returns filed for prior years shall be shared [equally / proportionally].

4. REPRESENTATIONS & WARRANTIES

4.1 Authority. Each Party has full authority to enter into this Agreement and has not conveyed or encumbered property contrary to the terms herein.
4.2 Full Disclosure. Each Party represents that he or she has fully disclosed all material financial information and assets.
4.3 No Undue Influence. Each Party enters this Agreement voluntarily, free from duress, and after opportunity to consult independent counsel.
4.4 Survival. The representations in this Section survive the Effective Date and the entry of the Decree of Divorce.

5. COVENANTS & RESTRICTIONS

5.1 Further Assurances. The Parties shall execute all instruments reasonably necessary to effectuate this Agreement, including deeds, QDROs, and title documents.
5.2 Non-Disparagement. Neither Party shall disparage the other in the presence of the child(ren) or third parties.
5.3 Confidentiality. Financial disclosures and this Agreement shall remain confidential except as required for enforcement or by court order.

6. DEFAULT & REMEDIES

6.1 Events of Default. A Party’s failure to:
(a) make any payment when due;
(b) transfer property as required; or
(c) comply with custody provisions
constitutes a default after [15] days’ written notice and opportunity to cure.
6.2 Remedies. Upon default, the non-breaching Party may seek:
(a) contempt sanctions;
(b) garnishment or income withholding;
(c) specific performance;
(d) reasonable attorneys’ fees and costs.
6.3 Cumulative Rights. Remedies are cumulative and not exclusive.

7. RISK ALLOCATION

7.1 Mutual Indemnification

Each Party (“Indemnifying Party”) shall indemnify, defend, and hold harmless the other Party from any loss, liability, or expense (including attorneys’ fees) arising from debts or obligations allocated to the Indemnifying Party.

7.2 Liability Cap

The aggregate indemnity obligation of a Party is limited to the net value of Marital Assets distributed to that Party under Section 3.1.

7.3 Force Majeure

Failure to perform due to events beyond a Party’s reasonable control (e.g., natural disasters) shall not constitute default, provided that the affected Party gives prompt notice and resumes performance when feasible.

8. DISPUTE RESOLUTION

8.1 Governing Law. This Agreement is governed by the domestic-relations laws of the State of Wyoming, without regard to conflicts-of-law principles.
8.2 Forum Selection. The Parties consent to exclusive jurisdiction in the District Court for all proceedings relating to this Agreement.
8.3 Arbitration. Property and spousal-support disputes may be submitted to arbitration by mutual written agreement; child custody and support issues are non-arbitrable under Wyoming public policy.
8.4 Injunctive Relief. Nothing herein limits either Party’s right to seek temporary or permanent restraining orders or other equitable relief from the District Court.
8.5 Jury Waiver. Jury trials are not available in Wyoming divorce actions; accordingly, any ancillary civil claims shall proceed without a jury.

9. GENERAL PROVISIONS

9.1 Amendment & Waiver. Any modification must be in writing and signed by both Parties, and, where required, approved by the Court.
9.2 Assignment. No rights or obligations may be assigned except by court order or as expressly permitted herein.
9.3 Severability. If any provision is held invalid, the remainder shall be enforced to the fullest extent permitted.
9.4 Entire Agreement. This document constitutes the entire understanding of the Parties and supersedes all prior agreements, written or oral.
9.5 Counterparts; Electronic Signatures. This Agreement may be executed in counterparts, each deemed an original, and signatures delivered electronically shall be binding.
9.6 Successors & Assigns. This Agreement binds and benefits the Parties and their respective heirs, personal representatives, and permitted assigns.

10. EXECUTION BLOCK

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

[NOTARY ACKNOWLEDGMENT – WYOMING]
State of Wyoming )
County of _ ) ss.

On this _ day of _, 20__, before me, the undersigned Notary Public, personally appeared ________, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to this instrument, and acknowledged that he/she/they executed it for the purposes therein contained.

Witness my hand and official seal.

Notary Public
My commission expires: _____

EXHIBIT A – PARENTING PLAN

[Insert detailed weekly schedule, holiday rotation, transportation logistics, communication protocols, dispute-resolution ladder, and right of first refusal.]

SCHEDULE 1 – MARITAL ASSETS

[Asset, Description, Agreed Value, Recipient]

SCHEDULE 2 – SEPARATE PROPERTY

[Asset—optional]

SCHEDULE 3 – MARITAL DEBTS

[Creditor, Account No., Balance, Responsible Party]

[// GUIDANCE: Attach additional schedules or exhibits (e.g., QDRO draft, property deeds) as needed.]

[END OF DOCUMENT]