Iowa Marital Separation Agreement
This Iowa Marital Separation Agreement ("Agreement") is entered into by and between _________________ ("Party One") and _________________ ("Party Two"), collectively referred to as "the Parties," on this ___ day of ___________, 20__. The Parties acknowledge that they are legally married under the laws of the State of Iowa and desire to enter into this Agreement to determine the management of their affairs, assets, debts, and responsibilities upon their separation.
In accordance with the laws of the State of Iowa, specifically the Iowa Code Chapter 598 regarding Domestic Relations, the Parties agree to live separate and apart while still being legally married, and to divide their marital obligations and assets as outlined in this Agreement.
1. Separation
The Parties hereby agree to live separate and apart, discontinuing their marital cohabitation as of _________________. This separation is voluntary and mutually agreed upon.
2. Child Custody and Visitation
The Parties agree as follows in regard to the custody, visitation, and support of their minor child(ren):
- Primary Custody of Child(ren) will be with: ___________________________________.
- Visitation Schedule: _______________________________________________________.
- Child Support details: _____________________________________________________.
3. Division of Marital Assets and Debts
The Parties agree to the division of assets and debts as follows:
- Real Property located at: _______________________________________________.
- Personal Property, including but not limited to: ____________________________.
- Financial Accounts and Investments: _______________________________________.
- Debts and Obligations: ___________________________________________________.
4. Spousal Support
It is agreed upon by the Parties that spousal support will be: ___________ (provided / not provided). Any agreed-upon terms of support are detailed as follows: _________________________________________________________________.
5. Miscellaneous Terms
The Parties may add any additional terms and conditions to this Agreement that they deem necessary to clarify their intentions and the management of their separation:
_____________________________________________________________________________
_____________________________________________________________________________
6. Legal and Binding Agreement
This Agreement is legal and binding between the Parties as stated above. The provisions of this Agreement will be subject to any changes due to relevant laws in the State of Iowa.
7. Entire Agreement
This document, along with any attachments and exhibits, constitutes the entire agreement between the Parties concerning the subject matter herein and supersedes all previous agreements, whether oral or written.
8. Acknowledgment
By their signatures below, the Parties acknowledge that they have read, understood, and agreed to the terms and conditions of this Agreement.
Party One Signature: ___________________________ Date: ___________________
Party Two Signature: ___________________________ Date: ___________________
Witness (if any): _______________________________ Date: ___________________