Form CC-DR-116 is a legal document known as the "marital settlement agreement." This agreement plays a crucial role in the divorce process as it helps couples reach a mutually acceptable resolution regarding important aspects of their separation. By utilizing the services of an attorney, individuals can ensure that their interests are protected and that the agreement complies with relevant laws and regulations. One of the key purposes of the Form CC-DR-116 marital settlement agreement is to address the division of assets and liabilities between the spouses. This includes property, real estate, financial accounts, investments, and debts. By working with an attorney well-versed in family law, couples can navigate the complexities of property division, ensuring a fair and equitable distribution. Another critical aspect covered by this form is alimony, also known as spousal support or maintenance. With the assistance of an attorney, divorcing parties can negotiate the terms of financial support paid from one spouse to another post-divorce. Factors such as earning capacity, financial needs, and standard of living are considered while establishing the duration and amount of alimony paid. Child custody and visitation rights are also addressed in the Form CC-DR-116 marital settlement agreement. Experienced attorneys assist divorcing parents in devising a parenting plan that promotes the best interests of the child or children involved. The plan covers decision-making authority, physical custody, visitation schedules, and any particular needs or arrangements unique to the family. This ensures that the children's well-being remains a priority during and after the divorce process. Child support is an essential aspect of the marital settlement agreement, as it ensures that both parents contribute financially to their children's upbringing. The Form CC-DR-116 assists in determining the appropriate amount of child support in compliance with state guidelines. Attorneys work diligently to consider the income of each parent, medical expenses, daycare costs, and other relevant factors to arrive at a fair child support arrangement. It's important to note that while Form CC-DR-116 is a standard document, attorneys may have different variations or templates based on their specific jurisdiction or client needs. For example, if the divorce involves unique circumstances such as military service, prenuptial agreements, or complex financial assets, attorneys may tailor the agreement to address these specific concerns. In conclusion, the Form CC-DR-116 marital settlement agreement with an attorney is designed to assist divorcing couples in reaching a comprehensive and legally binding resolution. By using this agreement, along with the guidance of a qualified attorney, couples can ensure that their rights are protected, their assets are divided fairly, and the best interests of their children are preserved.