What is a property settlement agreement?

What is a property settlement agreement?

A property settlement agreement is a written document that includes all of the financial agreements you and your spouse have reached in your divorce. This may include the division of property, debts, child support, alimony, insurance, and attorney fees.
The property settlement may be a separate document or it may be incorporated into the decree of dissolution (judgment of divorce), which is the final court order dissolving your marriage. Most of the time, it is a separate document.