What is a marital settlement agreement in a divorce in Florida?

Simply put, a marital settlement agreement is a contract, and if it’s entered into properly, it’s a binding contract on both parties and can sometimes even be binding if they don’t go through with their divorce. The marital settlement agreement is designed to resolve all the issues of the marriage put forth in agreement as to how people are going to solve the separation of their property, their liabilities, and things having to do with their children and other marital issues.