The current versions of these forms are obtainable from the following agencies: Web updated november 28, 2023. The new york state unified court system (www.nycourts.gov) and the internal revenue service. Web a divorce settlement agreement, also known as a marital settlement agreement (msa) or separation agreement, is a legally binding contract that outlines the terms and conditions of a divorce or legal separation between a married couple. Why is a marital separation and property settlement agreement important?