Marital Settlement Agreement (No Children) - Wyoming

MARITAL SETTLEMENT AGREEMENT (NO CHILDREN) — WYOMING

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. Alimony (Spousal Support)
9. Insurance Provisions
10. Tax Filing and Obligations
11. Mutual Release and Waiver
12. Execution and Notarization
13. Wyoming 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/county, state). The Parties separated on or about [__/__/____]. 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

Irreconcilable differences have arisen between the Parties. No reasonable likelihood of reconciliation exists.

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 Decree of Divorce.
☐ Spouse 2 retains and shall refinance solely in his/her name within [____] days of the Decree of Divorce.
☐ 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. ALIMONY (SPOUSAL SUPPORT)

☐ No Alimony. Each Party waives any claim to alimony, now and in the future, knowingly and voluntarily.

☐ Transitional Support:

• Payor: ☐ Spouse 1 ☐ Spouse 2
• Amount: $[________] per month
• Start: [__/__/____] | End: [__/__/____]
• Purpose: [________________________________]
• Payment method: [________________________________]

☐ Compensatory Support:

• Payor: ☐ Spouse 1 ☐ Spouse 2
• Amount: $[________] ☐ lump sum ☐ per month for [____] months
• Purpose: [________________________________]

☐ Spousal Maintenance:

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

9. INSURANCE PROVISIONS

Health Insurance:
☐ Each Party responsible for own coverage after the Decree of Divorce.
☐ [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 alimony 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 Wyoming. This Agreement shall be incorporated into but not merged with the Decree of Divorce and shall survive as an independent contract. The court retains authority to review this Agreement and shall not adopt it if it cannot in good conscience approve the terms. 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 WYOMING

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. WYOMING JURISDICTIONAL NOTES

Wyoming follows equitable distribution, requiring a "just and equitable" disposition of property under Wyo. Stat. Section 20-2-114. Wyoming courts may divide ALL property, including premarital assets. The court considers the merits of each party, the condition they will be left in, who acquired the property, and burdens on the property. Wyoming recognizes three types of spousal support: transitional, compensatory, and maintenance. The court retains statutory authority to reject settlement agreements it cannot in good conscience approve.

Property Division: Equitable Distribution (all property divisible) | Residency: 60 days
Waiting Period: 20 days from service (Wyo. Stat. Section 20-2-108)
No-Fault Ground: Irreconcilable differences (Wyo. Stat. Section 20-2-104)

Key Statutes:

• Wyo. Stat. Section 20-2-114 (Property Division and Alimony)
• Wyo. Stat. Section 20-2-104 (No-Fault Grounds)
• Wyo. Stat. Section 20-2-107 (Residency Requirement)
• Wyo. Stat. Section 20-2-116 (Property Settlement Agreements)

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