Diane Neumann & Associates Divorce Mediation Services Since 1981 Newton, Massachusetts |
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DIVORCE AGREEMENT Your Divorce Agreement may be of the most important document you will ever sign. Your mediator will draft the legal Divorce Agreement, which differs from the Memorandum document written by most mediators. The Memorandum cannot substitute for the Divorce Agreement in court.
Your comprehensive Divorce Agreement will include:
1. Legal custody of minor children 2. Physical custody and parenting schedules 3. Child support 4. College costs, educational trusts, and custodial accounts 5. Tax deductions/exemptions 6. Marital residence: buyout, transfer, sale, joint ownership, tax 7. Consequences 8. Capital gains tax consequences upon sales and transfers of property 9. Medical insurance coverage for children and (divorced) ex-spouse 10. Life insurance coverage 11. Alimony 12. Self-employed, family or other business 13. Retirement/pension plans: 401K, 403B, , TIAA-CREF, IRA 14. Brokerage, bank, and investment accounts 15. Stock options, stocks, bonds and funds, whole/universal life insurance 16. Federal and Massachusetts taxes 17. Trusts: beneficial interests, irrevocable and revocable, 18. Investment/rental property: income, expenses, ownership and taxes 19. Vehicles, house contents, and miscellaneous assets 20. Liabilities: charge card debt, car loans and lease, mortgage and equity line, promissory note, educational debt, and all other debt
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