The Arizona Statement of Division is a legal document that is used in the state of Arizona to divide property between spouses who are filing for divorce. It is also commonly referred to as a Marital Settlement Agreement or Property Settlement Agreement. There are two types of Statements of Division: an Agreement and an Order. The Agreement is a voluntary contract between the parties that is signed by both spouses and is submitted to the court for approval. The Order is issued by the court after the parties have reached an agreement and is signed by the court. Both documents provide for the division of assets and debts, alimony, and child support, if applicable. The Statement of Division is a crucial part of the divorce process, as it outlines the terms of the separation and provides the framework for the parties’ post-divorce relationship.