What is the difference between a contested or uncontested divorce? This agreement is intended to help the parties formalize an allocation of their property and finances and matters relating to child custody and visitation. 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 divorce settlement agreement (or a marital settlement agreement) helps two divorcing spouses by detailing the division of assets and spousal support. As a result, if you signed a settlement agreement with your former spouse, a court will most likely enforce it.