Marital Settlement Agreement (No Children) - Alaska

MARITAL SETTLEMENT AGREEMENT (NO CHILDREN) — ALASKA

TABLE OF CONTENTS

1. Parties and Recitals
2. Separation and Grounds
3. Division of Real Property
4. Division of Personal Property
5. Division of Financial Accounts
6. Retirement and Pension Benefits
7. Debt Allocation
8. Spousal Maintenance
9. Insurance Provisions
10. Tax Filing and Obligations
11. Mutual Release and Waiver
12. Integration and Severability
13. Execution and Notarization
14. Alaska Jurisdictional Notes

1. PARTIES AND RECITALS

This Marital Settlement Agreement ("Agreement") is entered into on [__/__/____] by and between:

Spouse 1 (Petitioner): [________________________________] (DOB: [__/__/____])
Address: [________________________________]

Spouse 2 (Petitioner/Respondent): [________________________________] (DOB: [__/__/____])
Address: [________________________________]

The Parties were lawfully married on [__/__/____] in [________________________________] (city/borough, state). The Parties separated on or about [__/__/____]. There are no minor or dependent children born of or adopted during this marriage, and neither Party is currently pregnant. Both Parties have made full and fair financial disclosure, have had the opportunity to consult with independent legal counsel, and enter this Agreement voluntarily and without coercion.

2. SEPARATION AND GROUNDS

The Parties acknowledge that incompatibility of temperament has caused the irremediable breakdown of their marriage, and both Parties desire dissolution.

3. DIVISION OF REAL PROPERTY

Marital Residence: [________________________________]

• Fair Market Value: $[________] | Mortgage Balance: $[________]

☐ Spouse 1 shall retain the marital residence and seek refinancing solely in that spouse’s name within [____] days of the Final Decree; if denied, the Parties will [sale or alternate arrangement: __________].
☐ Spouse 2 shall retain the marital residence and seek refinancing solely in that spouse’s name within [____] days of the Final Decree; if denied, the Parties will [sale or alternate arrangement: __________].
☐ The marital residence shall be listed for sale within [____] days; net proceeds divided as follows: [________________________________].
☐ No real property is owned by the Parties.

Other Real Property: [________________________________]
Disposition: [________________________________]

The retaining Party shall execute all deeds, title transfers, and related documents within [____] days of the Final Decree.

4. DIVISION OF PERSONAL PROPERTY

Vehicles:

The Party receiving a vehicle shall be responsible for all associated loan payments, insurance, and registration.

Household Furnishings and Personal Effects:

☐ The Parties have already divided personal property to their mutual satisfaction.
☐ Division per attached Exhibit A — Personal Property Schedule.

5. DIVISION OF FINANCIAL ACCOUNTS

6. RETIREMENT AND PENSION BENEFITS

☐ A separate order meeting the applicable plan and statutory requirements shall be prepared and submitted for any retirement-benefit division that requires one. An award in this Agreement alone may not direct the plan administrator to pay an alternate payee. See AS 25.24.160(b) and .230(h).
☐ Each Party retains his/her own retirement accounts without division.

7. DEBT ALLOCATION

The responsible Party shall indemnify and hold harmless the other Party from any liability arising from the debts assigned above. Neither Party shall incur additional joint debt from the date of this Agreement.

8. SPOUSAL MAINTENANCE

☐ Neither Party shall pay spousal maintenance to the other.
☐ [PAYOR SPOUSE] shall pay [RECIPIENT SPOUSE] as follows:

• Amount: $[________] per ☐ week ☐ month
• Duration: From [__/__/____] to [__/__/____]
• Payment Method: [________________________________]

Termination Events:
☐ Death of either Party
☐ Remarriage of the receiving Party
☐ Cohabitation of the receiving Party in a marriage-like relationship
☐ Other: [________________________________]

☐ The Parties request that the court approve their agreement for no future maintenance, subject to the court’s review and the governing decree.

9. INSURANCE PROVISIONS

Health Insurance:
☐ Each Party shall maintain his/her own health insurance following the dissolution.
☐ If continued coverage is available under the governing plan and law, [SPOUSE] shall pay [____]% of the eligible continuation-coverage premium for [____] months; the receiving Party shall timely elect coverage.

Life Insurance:
☐ Not applicable.
☐ [SPOUSE] shall maintain a life insurance policy in the amount of $[________] naming the other Party as beneficiary for [____] years to secure maintenance/property obligations.

10. TAX FILING AND OBLIGATIONS

☐ For tax year [____], the Parties intend to file jointly only if eligible under current federal and state tax law, with refunds/liabilities allocated between them as follows: [________________________________].
☐ Each Party will file a separate return for tax year [____] if required or elected under applicable tax law.
☐ The Parties shall cooperate in the filing of any amended returns as necessary.

Each Party shall indemnify the other for any tax liability, penalties, or interest arising from his/her own income or deductions.

11. MUTUAL RELEASE AND WAIVER

Each Party releases claims to property or maintenance resolved in this Agreement, subject to the court-approved decree and the duties expressly preserved here. This clause does not transfer title, change a beneficiary designation, release a creditor, or waive any estate right without a separately valid instrument or an applicable decree.

12. INTEGRATION AND SEVERABILITY

This Agreement constitutes the entire understanding between the Parties. It supersedes all prior negotiations, representations, and agreements. If any provision is found invalid or unenforceable, the remaining provisions shall continue in full force and effect. The Parties will submit this Agreement to the court for review and request that its approved terms be set out in the final decree of dissolution. The court must make the findings required by AS 25.24.230 before granting a decree.

13. EXECUTION AND NOTARIZATION

SPOUSE 1:

Signature: ________________________________ Date: [__/__/____]
Printed Name: [________________________________]

SPOUSE 2:

Signature: ________________________________ Date: [__/__/____]
Printed Name: [________________________________]

NOTARY ACKNOWLEDGMENT

STATE OF ALASKA
JUDICIAL DISTRICT OF [________________]

Before me, the undersigned Notary Public, on this [____] day of [________________], [____], personally appeared [________________________________] and [________________________________], known to me (or proved on the basis of satisfactory evidence) to be the persons whose names are subscribed herein, and acknowledged that they executed the same voluntarily for the purposes therein stated.

Notary Public: ________________________________
My Commission Expires: [__/__/____]
[SEAL]

14. ALASKA JURISDICTIONAL NOTES

• Route. For a joint dissolution petition, AS 25.24.200(a) requires agreement on property (including retirement benefits), maintenance, tax consequences, and existing and future joint obligations. Incompatibility of temperament must have caused an irremediable breakdown. Submit the agreement in the court's required petition process; signing it alone does not dissolve the marriage.
• Court review. The court decides whether the written agreement is fair and just, voluntary, and the entire agreement, and whether its economic effect fairly allocates the consequences of dissolution under AS 25.24.160(a)(2), (4) and 25.24.230(a). The decree must specifically set out the spouses' written agreements under AS 25.24.230(f).
• Property. In a joint dissolution, premarital property cannot be awarded to the other spouse without an express agreement in this no-child form (AS 25.24.230(g)). Alaska community property exists only to the extent provided by a community property agreement or trust under AS 34.77.030(a); identify any such instrument and property in an exhibit.
• Implementation. A property award does not itself release either spouse from a creditor's loan or replace a deed, title transfer, beneficiary change, or plan-approved retirement order. List the follow-up instrument, responsible person, and deadline for each asset or debt.

This template is provided for informational purposes by ezel.ai and does not constitute legal advice. Consult a licensed Alaska attorney before executing this document.