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. As a result, if you signed a settlement agreement with your former spouse, a court will most likely enforce it. Web in the case of the marital relationships and their termination, partners are supposed to complete the marital settlement agreement form. Use our divorce settlement agreement to settle divorce details with your former spouse. Tax consequences mat011 answer (uncontested action).