Lots of parties are anxious to settle their divorce or family law matter. The process can be exhausting. They want to simply move on with their life. They don’t want to be put in court for a second longer.
For this reason, many pursue a settlement in their divorce or family law matter. In most instances, seeking a settlement makes sense. Instead of putting your life in the hands of a judge, many do opt to enter a settlement in which they both can agree.
The research generally shows that parties who settle outside of court are more likely to abide by these agreements than a judgment imposed by a judge. When a judgment is entered by a judge, for example, both parties can end up being unhappy with the results.
But when settlement documents are put together after a settlement has been entered, it is critically important that a party read the fine print. They also need to go through all the details with their attorney. The fine print can have both short-term and long-term effects that can have a direct bearing on the future.
If the fine print is fine-tuned and well-considered, the parties are less likely to be in court later on a motion to modify or a motion for contempt litigating what has taken place since the settlement was entered. In many cases, if the fine-print isn’t examined and considered, parties might inadvertently be agreeing to things that they didn’t think they’d be agreeing.
In other cases, parties might end up with ambiguities or loopholes in their settlement documents that can create problems down the line. This can take place because the parties were simply in a rush to conclude their case.
If you are going through a divorce or family law matter where a settlement is being negotiated, Stange Law Firm, PC can help. You can contact us at 1-855-805-0595.