A Draft Divorce Settlement Agreement is a legally binding document that outlines the framework of an agreement between a divorcing couple. It covers such matters as child support, alimony payments, division of assets, and other related issues. This type of agreement must be approved by both parties before it becomes final. The terms outlined in the agreement should be fair and equitable to both parties and will serve as the basis for a final judgment if the couple cannot reach an agreement on their own. Draft agreements can be prepared by both lawyers or mediators and typically go through several rounds of revisions before they are finalized. It is important to remember that a draft agreement does not guarantee a successful outcome in court and should always be checked by a legal professional.