Vermont Separation and Property Settlement Agreement

State:
Multi-State
Control #:
US-01714-2-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a Separation and Property Settlement Agreement. The parties have agreed to a separation due to irreconcilable differences. The agreement also apportions certain property items between the parties. Each party agrees to release and quitclaim his/her right, title, and interest in each item that is apportioned to the other party.
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FAQ

Vermont is an equitable distribution state, meaning that courts will fairly and equitably divide the marital property between you and your ex. It is important to understand that ?fairly and equitably? does not necessarily mean that everything will be divided equally.

Hear this out loud PauseIn Vermont, the courts will divide all marital property at the time of your divorce. Virtually all property you own is marital property.

Intolerable severity ? when one party persists in misconduct to an extent that causes or threatens to cause injury to life, limb or health of the other party. Injury can be indirectly caused by grief, worry or mental distress caused by the party's misconduct.

Hear this out loud PauseIn Vermont the courts generally accept a fair and reasonable property division the parties agree to, but if the parties cannot agree, the Family Court divides the property within the Judgment of Divorce. Vermont is an equitable distribution state.

Hear this out loud PauseEven so, some spouses seek a fault-based divorce in hopes of gaining an advantage when it comes to custody or support decisions. Under Vermont divorce laws, a fault-based divorce will be granted for the following reasons: adultery.

The process to ask for a legal separation is the same as asking for a divorce, and uses the same forms. Follow the instructions and use the forms on this web page. To request a copy of your divorce decree, fill out the Request for Access to Court Record form and send it to the court where the case was filed.

Hear this out loud PauseVermont is an ?equitable property? state. This means that the rule of thumb is that everything you own, and everything you owe, should be divided in half.

The court will divide all of your marital property equitably (this is another word for fairly). Because you and your spouse are in the best position to decide what is fair, you should make every attempt to agree on how to divide your property.

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Vermont Separation and Property Settlement Agreement