Web an uncontested divorce is where both you and the person you want to divorce agree to divorce and there is an agreement about what will happen to your finances and property after the divorce. Why is a marital separation and property settlement agreement important? Web a divorce settlement agreement is a legal document that dictates how marital property is divided, child support and alimony, and other terms of a divorce. [case number] [respondent name], respondent, marital separation. A divorce settlement agreement (or a marital settlement agreement) helps two divorcing spouses by detailing the division of assets and spousal support.