Marital Settlement Agreement (No Children)

MARITAL SETTLEMENT AGREEMENT (NO CHILDREN) — VERMONT

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. Execution and Notarization
13. Vermont Jurisdictional Notes

1. PARTIES AND RECITALS

This Agreement is entered into on [__/__/____] by and between:

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

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

The Parties were lawfully married on [__/__/____] in [________________________________] (city/town, state). The Parties separated on or about [__/__/____] and have lived separate and apart for six or more consecutive months. There are no minor or dependent children of this marriage and neither Party is currently pregnant. Both Parties have made full and complete financial disclosure, have had the opportunity to consult independent counsel, and enter this Agreement voluntarily.

2. SEPARATION AND GROUNDS

The Parties have lived separate and apart for six or more consecutive months, and the resumption of marital relations is not reasonably probable.

3. DIVISION OF REAL PROPERTY

Marital Residence: [________________________________]

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

☐ Spouse 1 retains and shall refinance solely in his/her name within [____] days of the Final Decree.
☐ Spouse 2 retains and shall refinance solely in his/her name within [____] days of the Final Decree.
☐ Property shall be listed for sale within [____] days; net proceeds divided: [________________________________].
☐ No real property owned.

Other Real Property: [________________________________]

The retaining Party shall execute all deeds/transfers necessary within [____] days.

4. DIVISION OF PERSONAL PROPERTY

To Spouse 1: [________________________________]
To Spouse 2: [________________________________]

Vehicles:

Each Party shall execute titles/transfers within [____] days.

5. DIVISION OF FINANCIAL ACCOUNTS

Equalization Payment (if any): $[________] from [Spouse __] to [Spouse __] by [__/__/____].

6. RETIREMENT AND PENSION BENEFITS

☐ A QDRO shall be prepared for: [________________________________].
☐ Each Party retains own retirement accounts without division.
☐ Other: [________________________________]

7. DEBT ALLOCATION

Each Party shall indemnify and hold the other harmless from debts assigned to him/her. Debts incurred individually after the separation date are the sole responsibility of the incurring Party.

8. SPOUSAL MAINTENANCE

☐ No Maintenance. Each Party waives any claim to spousal maintenance, now and in the future, knowingly and voluntarily.

☐ Rehabilitative Maintenance:

• Payor: ☐ Spouse 1 ☐ Spouse 2
• Amount: $[________] per ☐ month ☐ week
• Start: [__/__/____] | End: [__/__/____]
• Purpose: [________________________________]
• Terminates upon: death of either Party, remarriage of recipient, or the date specified
• Payment method: [________________________________]

☐ Long-Term Maintenance:

• Payor: ☐ Spouse 1 ☐ Spouse 2
• Amount: $[________] per month
• Start: [__/__/____] | Duration: ☐ Indefinite ☐ Until [__/__/____]
• Terminates upon: death of either Party, remarriage of recipient, or court order

☐ Lump Sum: $[________] payable by [__/__/____].

9. INSURANCE PROVISIONS

Health Insurance:
☐ Each Party responsible for own coverage after the Final Decree.
☐ [Spouse __] maintains the other on employer plan for [____] months or until COBRA expires.

Life Insurance:
☐ Not applicable.
☐ [Spouse __] maintains policy of $[________] naming other as beneficiary while support obligations continue. Carrier: [________] Policy No.: [________]

10. TAX FILING AND OBLIGATIONS

☐ Parties shall file jointly for the year of divorce (if not yet final as of Dec. 31).
☐ Parties shall file separately.

Prior returns: Parties shall cooperate on outstanding returns and divide refunds/liabilities as follows: [________________________________].

Each Party indemnifies the other from tax liability arising from his/her own income or deductions.

11. MUTUAL RELEASE AND WAIVER

Except as provided herein, each Party releases the other from all claims arising from the marriage, including claims to property not addressed herein, claims to maintenance not addressed herein, claims against the other's estate (including statutory share or election), and claims under prior wills or beneficiary designations. Each Party shall execute documents necessary to effectuate these waivers.

12. EXECUTION AND NOTARIZATION

This Agreement constitutes the entire agreement between the Parties, may be amended only in writing signed by both, and shall be governed by the laws of the State of Vermont. This Agreement shall be incorporated into but not merged with the Final Divorce Order and shall survive as an independent contract. Each Party acknowledges reading, understanding, and voluntarily signing this Agreement.

☐ Both Parties represented by independent counsel.
☐ [Spouse __] proceeding without counsel after advisement.

SPOUSE 1 (PLAINTIFF):
Signature: ___________________________________ Date: [__/__/____]
Printed Name: [________________________________]

SPOUSE 2 (DEFENDANT):
Signature: ___________________________________ Date: [__/__/____]
Printed Name: [________________________________]

NOTARIZATION — STATE OF VERMONT

County of [________________________________]

On [__/__/____], before me personally appeared the above-named Spouse 1 and Spouse 2, known to me or proven by satisfactory evidence, and acknowledged execution of this instrument voluntarily.

Notary Public: ___________________________________ | Commission Expires: [__/__/____]
[NOTARY SEAL]

13. VERMONT JURISDICTIONAL NOTES

Vermont is an "all-property" equitable distribution state. Under 15 V.S.A. Section 751, the court may divide ALL property owned by either or both parties, regardless of when or how acquired — including premarital assets, gifts, and inheritances. Maintenance is governed by Section 752 and requires a showing of need and inability to become self-supporting. Vermont recognizes both rehabilitative and long-term maintenance.

Property Division: All-Property Equitable Distribution | Residency: Six months to file; one year before hearing
Waiting Period: 90 days from filing (15 V.S.A. Section 593)
No-Fault Ground: Six months separation (15 V.S.A. Section 551(7))

Key Statutes:

• 15 V.S.A. Section 751 (Property Division)
• 15 V.S.A. Section 752 (Spousal Maintenance)
• 15 V.S.A. Section 551 (Grounds for Divorce)
• 15 V.S.A. Section 592 (Residency Requirement)

This template is provided by ezel.ai for informational purposes only. It does not constitute legal advice. Consult a licensed Vermont attorney before executing any legal document.