Marital Termination Agreement Law and Legal Definition

A Marital Termination Agreement is a contract which contains the agreements of the parties related to all the issues regarding the Divorce proceeding. The issues may include the issues of custody, child support, spousal maintenance, property, and debts. The agreement basically enumerates the terms to which each party has agreed, and has the ability to eliminate the need of going to a hearing. If the Court approves of the Marital Termination Agreement, it will sign off on the proposed Divorce Decree. It is sometimes referred to as a stipulation.