Colorado Marital Settlement Agreement Form
In the case of the spouses reaching a marital agreement for a divorce case in the State of Colorado, the following form has to be completed and submitted.
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JDF 1115 R 3/10 S EPARATION AGREEMENT Page 1 of 8 District Court ___________________________ County, Colorado Court Address: In re the Marriage of: Petitioner: and Co-Petitioner/Respondent: COURT USE ONLY Attorney or Party W ithout Attorney (Name and Address) : Phone Number: ___________ _ E -mail: _______________ _________ FAX Number: _____________ Atty. Reg. #: ____________ Case Number: Division _______ Courtroom ______ SEPARATION AGREEMENT To promote the amicable settlement of disputes among parties, a husband and wife getting a divorce (dissolution of marriage) or legal separation may enter into a written separation agreement containing provisions for maintenance ( spousal support) for either party and for the disposition of property and debt . The Court must follow the separation agreement as it pertains to the parties themselves and to property, unless the Court finds the agreement unconscionable , in which case it may order the parties to submit a revised agreement. You may use this form as a separation agreement to submit to the Court. This standard form does not include every possible issue that may be relevant to the facts of your case. A section entitled "Other Terms" is available for you to identify unique issues that you may have in your case. If you need more space than is provided, atta ch additional pages to the form. Any additional pages must include notarized signatures. This is a: F ull Agreement (W e agree to everything and this A greement is signed by both parties) Partial Agreement (We agree to some things and this A greement is signed by both parties) No Agreement (Prepared by signer and mailed to the other party) If this is a partial Agreement or the Agreement was prepared by one party, please complete and file with the Court JDF 1129 - Pretrial Statement to identify issues that you have not agreed on. This is a required form if you have any issues that you cannot agree on . A hearing may be necessary to address the issues. Section 1: Assets You must list all assets as identified on the Sworn Financial Statement (JDF 1111) . If you do not own any assets within the category identified, please check the appropriate box. If you do own the asset, please identify who will have possession of the asset and who will be responsible for any obligations for the asset, if applicable. (Husband “H” or Wife “W”) It is important to remember that it is the responsibility of the part y who is awarded the asset to prepare the necessary documents to change the title of the property with the county and to notify any financial institution s, insurance compan ies, etc. of any changes. JDF 1115 R 3/10 S EPARATION AGREEMENT Page 2 of 8 A. Real Estate (Check all that apply .) The parties do not own any Real Estate. The parties agree to the following terms relating to all Real Estate owned. Identify address Party who will take ownership and title . Party who will assume all obligations. (Mortgage, Taxes, Insurance) H W H W Both (indicate %) H __ __% W_ ___ % H ____% W____% The parties agree to sell the Real Estate . Any proceeds or monies owed following the sale with be divided to the parties as follows: Husband: $ ___________ or _________% and Wife: $___________ or _________%. The parties agree to p repare documents (e.g. Quit Claim Deed) t o transfer title by ____ ____________ (date). The party who will take ownership and title of the property will have _____months from (date) or will have unt il (date) t o refinance the loan and remove the other spouse from the debt. The parties agree to an equity payout. The husband wife will pay $ ___________ to the husband wife by ____________________ (date). The parties have already transferred title and have notified the lender of the change in ownership per this agreement. Other: B. Motor Vehicles and/or Recreation Vehicles (Check all that apply .) The parties do not o wn any Motor Vehicles and/or Recreation Vehicles. The parties agree to the following terms relating to all Motor Vehicles & Recreation Vehicles owned. Identify type Party who will take ownership and title . Party who will assume all obligations . ( Loan P ayment , Registration , Insurance) Year Make Model VIN# H W H W Both (indicate %) H ____% W____% H ____% W____% H ____% W____% H ____% W____% H ____% W____% JDF 1115 R 3/10 S EPARATION AGREEMENT Page 3 of 8 The parties agree to sign over t he respective title of each vehicle by ________ ___________________ (date). The party who will take ownership and title of the vehicles will have _____months from (date) or will have until (date) to refinance the loan and remove the other spouse from the debt. The parties have already transferred title per this agreement. Other: C. Cash on Hand, Bank, Checking , and Savings Accounts (Check all that apply .) The parties do not have any accounts . Th e parties agree to the following terms relating to all account s. Identify Name of Bank or Financial Institution Identify Type of Bank Account Distribution of each account. H = 100% W = 100% Both (indicate %) H ____% W ____% H ____% W ____% H ____% W ____% H ____% W ____% H ____% W ____% The parties agree to divide/transfer the funds by (date). The parties have already di vided/transferred the funds per this agreement. Other: D. Life Insurance (Check all that apply. ) The parties do not have life insurance. The parties agree to the following terms relating to all life insurance accounts. Neither party will be required to carry life insurance on his / her life. or The husband will carry life insurance on his life in the am ount of $ ____________ with _________________________________ __ (name of spouse) as beneficiary for ________ (years/months) or until _________ ________________ (specific date) and/or The wife will carry life insurance on her life in the am ount of $ ____________ with ______________________________ ____ (name of spouse) as beneficiary for ________ (years/months) or until ________________ __________ (specific date) JDF 1115 R 3/10 S EPARATION AGREEMENT Page 4 of 8 Other: E. Furniture, House hold Goods, and Other Personal Property (Check all that apply.) The parties do not have any assets in this category. The parties have divided the furniture, household goods, and other personal property and are satisfied with the division. The parties agree to the following terms relating to all furniture, household goods and other personal property. Identify Items H W Identify Items H W The parties agree to di vide the furniture, household goods, and other personal property by _______________ ____________ (date). Other: F. Stocks, Bonds, Mutual Funds, Securities & Investment Accounts (Check all that apply .) The parties do not have any accounts. The parties agree to the following terms relating to all accounts. Identify name of Stock, Bond, Mutual Fund, etc. Distribution of Funds, Shares, etc. H = 100% W = 100% Both (indicate %) H ___ __% W_____% H _____% W_____% H _____% W_____% The parties agree to divide /transfer the funds by __________________________ (date). The parties have already divided/transferred the funds per this agreement. JDF 1115 R 3/10 S EPARATION AGREEMENT Page 5 of 8 Other: G. Pension, Profit Sharing or Retirement Fu nds (Check all that apply .) The parties do not have any funds. The parties agree to the following terms relating to all retirement accounts. Identify type of Pension, Prof it Sharing or Retirement Fund Distribution of Funds, Shares, etc. within the various accounts. H = 100% W = 100% Both (indicate %) H _____% W_____% H _____% W_____% H _____% W_____% The parties agree to divide /transfer the funds by _________ __________________ (date). The parties have already divided/transferred the funds per this agreement. The husband wife is responsible for preparing and submitting a Qualified Domestic Relations Order (QDRO) by contacting their fund provider or an attorney by _____________________ _____ (date). The cost to prepare the QDRO will be paid as follows : Husband: __________% and Wife: ___________%. Note : A QDRO is necessary in order for the division of the retirement plan to be completed. Without a QDRO, plans will not be divided regardless of the parties’ agreement identified within this form. Other: H. Miscellaneous Assets (When completing this section, please consider items identified on the Sworn Financial Statement under “ Miscellaneous Assets” and “Separate Property ”.) The parties do not h ave any assets in this category. The parties agree to the following terms relating to all miscellaneous assets listed below. Identify Items H W Identify Items H W JDF 1115 R 3/10 S EPARATION AGREEMENT Page 6 of 8 The parties agree to divide the various assets listed above by __________________________ (date). The parties have already divided the various assets listed above per this agreement. Other: Section 2: Debts The parties do not have any debt. The parties agree to the following terms relating to all debt and the party responsible for the debt will indemnify and hold the other party harmless . Identify name of Creditor Date of Balance Balance Party Responsible for future paym ents. H W Both (indicate %) $ H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____% H _____% W_____ % H _____% W_____% H _____% W_____% Total debt to be assumed by Husband $ H ____% Total debt to be assumed by Wife $ W____% Section 3: Taxes The parties will file a joint separate married filing separately t ax return for ________ ___________________ (identify tax year(s) ). State and Federal refunds and/or money owed will be allocated as follows: Husband: _____% and W ife: ______%. Other: JDF 1115 R 3/10 S EPARATION AGREEMENT Page 7 of 8 Section 4: Maintenance (Spousa l Support) Check only one box. Both parties forever waive their right to receive maintenance. The parties understand that once the Court accepts a party’s waiver, that party may never request maintenance. Maintenance Agreement: 1. Husband Wife shall pa y maintenance to the Husband W ife. The Payments will be weekly bi -weekly twice a month monthly in the amount of $ ________ ___ __. 2. Payments will begin on _____________________ (date) and will end on ______________ ______ (date), or until the Court modifies this Order pursuant to § 14-10-122, C.R.S. 3. Maintenance shall be paid: (check one) To the Family Support Registry (FSR) along with child support , P. O. Box 2171, Denver, CO 80201- 2171. Directly to the Husband W ife Other: Section 5: Other Terms Identify below any agreements not identified in Sections 1 – 4 . Important Information - Please Read Change of titl e does not end the obligation you may have to notify the financial institution . Court approval of any provision to remove either party from a loan does not require the lender to actually release the party from the commitment. It is the responsibility o f the party who is awarded the asset to prepare the necessary documents to change the title of the property with the county and to notify any financial institution, insurance companies, etc. of any changes. Joint debt of any kind , for example mortgage, ca rs, credit cards, remain joint until paid in full or refinanced. Joint credit cards should be destroyed and individual credit cards issued to each spouse to avoid future liability. The Parties understand that if either of them refuses to execute any documents under this agreement, C.R.C.P. 70 allows the Clerk of the Court to do so. A party may also ask the C ourt for sanctions for the other party’s refusal to follow this Order. JDF 1115 R 3/10 S EPARATION AGREEMENT Page 8 of 8 Please re-read this document carefully to make sure it accurately reflects your agreement. This document includes all agreed upon terms and y our signature below indicates that you have read and agree with all terms identified within this agreement. This document should be signed in the presence of a notary public or court cle rk. ___________________________________ ________________________________________ ____ Petitioner’s Signature Date Co-Petitioner’s Respondent ’s Signature Date ___________________________________ ________________________________________ ____ Signat ure of Attorney, if applicable Date Signature of Attorney, if applicable Date ___________________________________ ________________________________________ ____ Petitioner’s Address Co-Petitioner/Respondent’s Address ___________________________________ ________________________________________ ____ City, State, Zip Code City, State, Zip Code ___________________________________ ________________________________________ ____ (Area Code) Home Telephone Number (Area Code) Home Telephone Number ___________________________________ ________________________________________ ____ (Area Code) W ork Telephone Number (Area Code) W ork Telephone Number Subscribed and affirmed, or sworn to before me Subscribed and affirmed, or sworn to before me i n the County of ________________________, in the County of _________________________, State of ____________________, this _______ State of ____________________, this ________ day of ________________, 20 ____. day of ________________, 20 ____. My Commission Expires: _________________ My Commission Expires: ___________________ __________________________________ ___ _______________________________________ Notary Public/Clerk Notary Public/Clerk IF ONLY ONE PARTY SIGNS THE SEPARATION AGREEMENT, COMPLETE THE CERTIFICATE OF SERVICE BELOW. CERTIFICATE OF SERVICE I certify that on ________________________ (date) , a true and accurate copy of the SEPARATION AGREEMENT was served on the other party by: Hand Delivery, E -filed, Faxed to this number: ___________________, or B y placing it in the United States mail, postage pre- paid, and addressed to the following: To: _______________________________________ _______________________________________ _______________________________________ ______________________________________ Your signature
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