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(b) The parties have completed and exchanged current income and expense declarations;. Your agreement needs to say that you both agree to end the marriage and what you agreed about property or spousal support.If you've reached a settlement, your MSA will be made part of the divorce judgment. The marital settlement agreement of divorcing spouses can include child custody, child visitation, child and spousal support, and division of property. You can create a Divorce Settlement Agreement to clearly define the terms of the settlement with your spouse. A marital settlement agreement spells out the terms and conditions of the divorce and the relationship between the two spouses after the divorce. Check if parties are in full agreement or if one party will be completing the form. Enter the case number. The marital settlement agreement, while it is a binding contract, is not set in stone. Marital settlement agreements are valid and enforceable contracts.