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Voluntary Divorce Agreement
"I need a Voluntary Divorce Agreement for a childless couple with substantial business assets, including a jointly-owned technology startup and multiple properties in Mumbai and Bangalore, with the agreement to take effect from March 2025."
1. Parties: Details of both spouses including full legal names, addresses, and other identifying information
2. Background: Brief history of marriage, date and place of marriage, current living situation, and mutual decision to divorce
3. Definitions: Definitions of key terms used throughout the agreement
4. Declaration of Mutual Consent: Clear statement that both parties are entering into the divorce voluntarily and with mutual consent
5. Effective Date: Specification of when the agreement comes into effect and timeline for filing divorce petition
6. Financial Settlement: Details of all financial settlements including one-time payments and periodic maintenance
7. Property Division: General principles and approach to division of matrimonial property
8. Mutual Release of Claims: Statement that both parties release each other from all future claims except as specified in the agreement
9. Governing Law: Specification that the agreement is governed by Indian law and relevant personal law
10. Modification: Provisions for how the agreement can be modified in the future
11. Severability: Clause stating that if any provision is found invalid, the rest of the agreement remains valid
12. Execution: Details of how and when the agreement will be executed
1. Child Custody and Support: Required if the couple has children - details custody arrangements, visitation rights, and child support
2. Business Interests: Required if either party has business interests that need to be addressed in the settlement
3. Intellectual Property Rights: Required if there are joint or disputed intellectual property rights
4. Insurance and Medical Coverage: Details about continuation or termination of insurance coverage
5. Religious Ceremonies: Required for couples needing specific religious divorce procedures
6. Confidentiality: Required if parties wish to keep the terms of settlement private
7. Foreign Assets: Required if either party has assets in foreign countries
8. Future Dispute Resolution: Optional mechanism for resolving future disputes through mediation or arbitration
1. Schedule A - Property List: Detailed inventory of all matrimonial property with agreed division
2. Schedule B - Financial Assets: List of all financial assets including bank accounts, investments, and retirement accounts
3. Schedule C - Personal Effects: Division of personal belongings and household items
4. Schedule D - Outstanding Debts: List of all joint and individual debts and their allocation
5. Appendix 1 - Child Care Schedule: Detailed visitation and custody schedule if children are involved
6. Appendix 2 - Support Payment Schedule: Schedule of maintenance or support payments with dates and amounts
7. Appendix 3 - Important Documents: Copies of marriage certificate and other relevant legal documents
8. Appendix 4 - Business Valuation: If applicable, professional valuation of business interests
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