A divorce settlement is an agreement reached between two spouses to resolve issues arising from their separation. This can include the division of assets, debts, and responsibilities for children, such as custody and support. The goal is to ensure both parties can move forward fairly after the marriage ends. Typically, divorce settlements are negotiated either directly between the spouses or through mediation. If an agreement cannot be reached, a court may intervene to make decisions regarding the division of property and child custody. A well-structured settlement can help minimize conflict and provide clarity for both parties moving forward.