Although the document is legally binding, and in the case of uncontested divorce you likely agreed to all these terms, you may want these terms changed in the future. A marital settlement agreement is a legal document that allows a couple to divide their property and liabilities as part of a divorce. A new york marital settlement agreement is a divorce tool that helps two spouses come to a mutually beneficial agreement regarding the division of their assets, liabilities, properties, child custody, and child support. Web generally, new york courts favor allowing spouses to resolve their divorce disputes on their own. [case number] [respondent name], respondent, marital separation.