The purpose of the document is to state in writing how the assets and debts will be split. Web a divorce settlement agreement template is an easy to use legal document between two individuals who are going through the divorce process. Web in the case of the marital relationships and their termination, partners are supposed to complete the marital settlement agreement form. Web if you and your spouse have decided to get a divorce and you have reached an agreement on issues such as who is obligated to pay spousal and child support, custody and visitation arrangements and property rights, you may want to consider entering into a marital settlement agreement. This legally binding document is necessary for establishing specific.