MARITAL SETTLEMENT AGREEMENT

1. INTRODUCTION

1.1 Parties

This Marital Settlement Agreement ("Agreement") is entered into on [date], by and between
[Name of Husband], hereinafter referred to as the "Husband," and [Name of Wife], hereinafter
referred to as the "Wife."

1.2 Jurisdiction

The parties hereby agree that this Agreement shall be governed by and construed in accordance
with the laws of the Republic of the Philippines.

2. PROPERTY DIVISION

2.1 Real Property

List all real properties owned by the parties, including marital home, vacation homes, and other
real estate. Specify how these properties will be divided between the Husband and Wife.

2.2 Personal Property

Detail the division of personal property such as furniture, vehicles, jewelry, and other items
owned by the parties.

2.3 Bank Accounts and Investments

Specify the division of joint bank accounts, savings, investments, and other financial assets.

2.4 Debts and Liabilities

Outline the responsibility for existing debts, loans, and liabilities. Specify who will be
responsible for paying each debt.

3. SPOUSAL SUPPORT
3.1 Alimony/Spousal Support

Specify whether any spousal support or alimony will be paid, including the amount and duration.

3.2 Waiver of Future Claims

Include a provision where both parties waive any future claims for spousal support.

4. CHILD CUSTODY AND SUPPORT

4.1 Custody

If there are children involved, outline the custody arrangement, including legal and physical
custody.

4.2 Visitation

Detail the visitation schedule for the non-custodial parent.

4.3 Child Support

Specify the amount of child support to be paid and the schedule of payments.

5. LEGAL COUNSEL

State that both parties have had the opportunity to consult with independent legal counsel before
entering into this Agreement.

6. FULL DISCLOSURE

Confirm that both parties have made a full and fair disclosure of their assets and liabilities.

7. BINDING AGREEMENT

State that the Agreement is binding upon the parties and their heirs, executors, administrators,
and assigns.
8. EXECUTION

Both parties must sign and date the Agreement in the presence of a notary public.

This template is a starting point, and it is essential to customize it according to your specific
circumstances. Consult with a legal professional to ensure that the agreement is valid and
enforceable in the Philippines.