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Mutual Divorce Agreement
"I need a Mutual Divorce Agreement draft for a couple with two minor children, joint property in Delhi and Mumbai, and a family business, with the intention to file for divorce in March 2025."
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1. Parties: Details of both spouses including full names, ages, addresses, and religious background
2. Background: Information about the marriage, including date and place of marriage, current living situation, and reasons for seeking divorce
3. Definitions: Definitions of key terms used throughout the agreement
4. Mutual Consent to Divorce: Express declaration of mutual consent to dissolve the marriage
5. Living Arrangements: Statement of current separate living arrangements and agreement to live separately
6. Financial Settlement: Details of all financial settlements including one-time payments and divisions of joint assets
7. Maintenance Arrangements: Details of any ongoing maintenance or alimony arrangements between the parties
8. Child Custody and Access: Arrangements for custody, visitation rights, and access to children of the marriage
9. Child Maintenance: Financial arrangements for the maintenance and education of children
10. Legal Proceedings: Agreement regarding the filing and handling of divorce proceedings
11. Mutual Release: Release of all claims against each other except as provided in the agreement
12. Governing Law: Specification that the agreement is governed by Indian law
13. Declarations: Declarations that both parties enter the agreement freely and understand its implications
1. Religious Ceremonies: Where applicable, arrangements for religious aspects of divorce
2. Business Interests: Division or handling of joint business interests, if any exist
3. Intellectual Property Rights: Division of intellectual property rights, if applicable
4. International Assets: Handling of overseas assets and properties, if any
5. Future Dispute Resolution: Mechanism for resolving future disputes, if parties wish to specify mediation or arbitration
6. Insurance Policies: Arrangements regarding life, health, or other insurance policies
7. Social Media and Privacy: Agreements regarding social media behavior and privacy post-divorce
8. Pet Custody: Arrangements for pet custody and care, if applicable
1. Schedule A - Asset Division: Detailed list of all assets and their agreed division
2. Schedule B - Financial Obligations: List of all joint financial obligations and their handling
3. Schedule C - Personal Effects: List of personal effects and their distribution
4. Schedule D - Child Care Schedule: Detailed visitation and care schedule for children
5. Schedule E - Maintenance Calculation: Detailed calculation of maintenance amounts and payment schedule
6. Appendix 1 - Marriage Certificate: Copy of the marriage certificate
7. Appendix 2 - Property Documents: Copies of property documents referenced in the agreement
8. Appendix 3 - Bank Accounts: List of joint bank accounts and their agreed handling