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Global Settlement Agreement Divorce Template for England and Wales

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Global Settlement Agreement Divorce

"I need a Global Settlement Agreement Divorce to finalize my divorce with my spouse, including provisions for our three children under 18, division of our family home in London, and sharing of my NHS pension scheme."

Document background
The Global Settlement Agreement Divorce is utilized when divorcing parties in England and Wales have reached a mutual agreement on all aspects of their separation. This document is particularly crucial as it provides a detailed framework for the division of assets, financial arrangements, and family responsibilities. It's typically prepared after negotiations are complete but before the final divorce decree (Decree Absolute) is granted. The agreement covers everything from property division and pension sharing to maintenance arrangements and child care provisions, serving as a cornerstone document in divorce proceedings under English law.
Suggested Sections

1. Parties: Details of both parties to the agreement including full names, addresses, and other identifying information

2. Background: Marriage history, separation details, divorce proceedings status, and context for the agreement

3. Definitions: Key terms and their meanings used throughout the agreement

4. Financial Settlement: Complete financial arrangements including property, assets, and liabilities division

5. Clean Break Provisions: Terms preventing future financial claims between the parties

6. Implementation: Timeframes and mechanisms for executing the agreement terms

7. Governing Law: Jurisdiction and applicable law (England and Wales)

Optional Sections

1. Children Arrangements: Used when parties have children under 18, covering custody, access, maintenance and education arrangements

2. Pension Sharing: Detailed provisions for pension division and implementation of pension sharing orders

3. Business Interests: Provisions dealing with division or retention of business assets and ongoing obligations

4. International Assets: Specific provisions for dealing with overseas property and assets

Suggested Schedules

1. Schedule 1: Asset Schedule: Comprehensive list of all matrimonial assets and their agreed values

2. Schedule 2: Property Schedule: Details of all real estate properties, associated mortgages and agreed dispositions

3. Schedule 3: Pension Schedule: Details of all pension arrangements and agreed sharing orders

4. Schedule 4: Children Schedule: Detailed arrangements for children including contact schedules and financial provisions

5. Schedule 5: Implementation Timeline: Detailed timeline of key dates and actions for implementing the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses







































Industries

Matrimonial Causes Act 1973: Primary legislation governing divorce proceedings and financial settlements in England and Wales. Contains Section 25 factors for financial arrangements and provisions for maintenance and property adjustment orders.

Family Law Act 1996: Framework legislation for domestic proceedings, including occupation rights and protection orders in matrimonial homes.

Children Act 1989: Comprehensive legislation governing arrangements for children, including parental responsibility and child maintenance provisions in divorce cases.

Matrimonial and Family Proceedings Act 1984: Legislation dealing with financial relief after overseas divorces and procedural aspects of family proceedings.

Civil Partnership Act 2004: Legislation relevant for dissolution of civil partnerships and associated settlements, following similar principles to divorce.

Inheritance (Provision for Family and Dependants) Act 1975: Legislation governing inheritance rights post-divorce and potential claims against deceased's estate.

Welfare Reform and Work Act 2016: Legislation affecting benefit entitlements and welfare considerations post-divorce.

Pensions Act 1995 and 2004: Legislation governing pension sharing and attachment orders in divorce settlements.

Divorce, Dissolution and Separation Act 2020: Recent reform legislation introducing no-fault divorce and updating divorce procedures in England and Wales.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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