A Stipulation of Settlement is a written agreement that is signed by both parties in a divorce case in New York. This agreement sets out the terms of the divorce settlement and resolves all of the issues between the parties, including property division, child custody, child support, and spousal support.
A Stipulation of Settlement is a legally binding document that is submitted to the court for approval. Once the court approves the stipulation, it becomes part of the final Judgment of Divorce. Often, the Stipulation of Settlement is negotiated between the parties and their attorneys. It is important that both parties understand the terms of the agreement and that it is fair and equitable to both parties. In negotiating a Stipulation of Settlement, it is highly recommended that you work with an experienced attorneys to draft and negotiate a stipulation of settlement that meets your needs and protects your legal rights in a New York divorce. The attorneys at Capetola & Divins, P.C., are highly qualified in negotiating the terms, drafting the Stipulation and protecting your rights.