Divorce agreements enable spouses to leave the marriage and build new lives in a wholesome and fulfilling way.
They set out guiding factors including the type of marriage and details of any ante nuptial contract entered into prior to the marriage, and confirm the divorce settlement, including:
- Maintenance payments to be made to a spouse or for children
- Guardianship, custody and access to children
- The division of assets including the home
- Arrangements regarding medical aid and retirement plans and other relevant matters
The agreement can also provide guidelines for other issues that are important to the couple, for example how they will divide or continue to operate a business they are both involved in. It allows the couple to clearly define how they will divide, structure and conduct previously shared aspects of their lives in the future.