Houston Texas Sample Letter for Property Settlement and Child Support Agreement

• Category: Letters - Legal - Divorce
• State: Multi-State
• City: Houston
• Control #: US-0907LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Re: Property Settlement and Child Support Agreement Dear [Recipient's Name], I hope this letter finds you well. I am writing to propose a Property Settlement and Child Support Agreement in relation to our separation as agreed upon during our mediation session on [mention date]. This comprehensive agreement aims to ensure a fair and amicable division of our assets and establish a mutually agreeable plan for child support. Property Settlement Agreement: The Property Settlement Agreement encompasses the equitable distribution of our joint assets and liabilities. Here are the key terms and conditions for your consideration: 1. Asset Division: — Real Estate: We agree to sell our marital home located at [address] and divide the proceeds equally. — Vehicles: We will individually keep the vehicles currently registered in our respective names. — Bank Accounts: Any joint bank accounts will be closed, and the funds will be divided equally. — Retirement Accounts: Our retirement accounts will remain with the respective account holders. 2. Debts and Liabilities: — Credit Cards: Each party will be responsible for their individual credit card debts. — Loans: Any outstanding loans will be paid off using joint assets before the distribution. Child Support Agreement: We both understand the importance of providing consistent financial support to ensure our child's well-being. Therefore, we propose the following terms for child support: 1. Monthly Support: — [Child's Name] will reside primarily with [Custodial Parent]. As the non-custodial parent, I agree to provide [specific amount] per month in child support. — This amount includes contributions towards education, healthcare, extracurricular activities, and other necessary expenses. 2. Medical Insurance: — [Custodial Parent] will maintain the child's medical insurance coverage. The non-custodial parent will contribute [agreed percentage or amount] towards the premium. 3. Additional Expenses: — Any extraordinary expenses such as tuition fees, medical bills, or specialized therapies will be shared based on a proportional income contribution. Disclaimer: Please note that this sample letter is for informational purposes only and must be reviewed by both parties' legal representatives before executing any agreement. It is strongly advised to seek legal counsel to ensure compliance with Houston, Texas family law regulations and tailor the agreement to your specific circumstances. Should you find these terms agreeable, I kindly request that you sign and return a copy of this letter within 14 days. Upon receiving your signed copy, we can proceed to notarize the agreement and submit it to the appropriate court for final approval. Thank you for your attention to this matter. I believe that this Property Settlement and Child Support Agreement will provide a stable and supportive environment for our child. If you have any questions or require further clarification, please do not hesitate to contact me. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Re: Property Settlement and Child Support Agreement Dear [Recipient's Name], I hope this letter finds you well. I am writing to propose a Property Settlement and Child Support Agreement in relation to our separation as agreed upon during our mediation session on [mention date]. This comprehensive agreement aims to ensure a fair and amicable division of our assets and establish a mutually agreeable plan for child support. Property Settlement Agreement: The Property Settlement Agreement encompasses the equitable distribution of our joint assets and liabilities. Here are the key terms and conditions for your consideration: 1. Asset Division: — Real Estate: We agree to sell our marital home located at [address] and divide the proceeds equally. — Vehicles: We will individually keep the vehicles currently registered in our respective names. — Bank Accounts: Any joint bank accounts will be closed, and the funds will be divided equally. — Retirement Accounts: Our retirement accounts will remain with the respective account holders. 2. Debts and Liabilities: — Credit Cards: Each party will be responsible for their individual credit card debts. — Loans: Any outstanding loans will be paid off using joint assets before the distribution. Child Support Agreement: We both understand the importance of providing consistent financial support to ensure our child's well-being. Therefore, we propose the following terms for child support: 1. Monthly Support: — [Child's Name] will reside primarily with [Custodial Parent]. As the non-custodial parent, I agree to provide [specific amount] per month in child support. — This amount includes contributions towards education, healthcare, extracurricular activities, and other necessary expenses. 2. Medical Insurance: — [Custodial Parent] will maintain the child's medical insurance coverage. The non-custodial parent will contribute [agreed percentage or amount] towards the premium. 3. Additional Expenses: — Any extraordinary expenses such as tuition fees, medical bills, or specialized therapies will be shared based on a proportional income contribution. Disclaimer: Please note that this sample letter is for informational purposes only and must be reviewed by both parties' legal representatives before executing any agreement. It is strongly advised to seek legal counsel to ensure compliance with Houston, Texas family law regulations and tailor the agreement to your specific circumstances. Should you find these terms agreeable, I kindly request that you sign and return a copy of this letter within 14 days. Upon receiving your signed copy, we can proceed to notarize the agreement and submit it to the appropriate court for final approval. Thank you for your attention to this matter. I believe that this Property Settlement and Child Support Agreement will provide a stable and supportive environment for our child. If you have any questions or require further clarification, please do not hesitate to contact me. Sincerely, [Your Name]