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Form #719To Protect Child Negotiating for Settlement with Parent
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Memorandum of Agreement to Protect Child Negotiating for Settlement with Parent - free to use
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acceptable in one state may not be enforced the same way under the laws of another
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To protect child
negotiating for settlement with parent.
This memorandum of agreement is made and entered into
this _________ day of [month], [year], by and between B of _________, party of
the first part, and _________, _________, and _________, parties of the second
part.
A, the father of all the parties, has recently
contracted a marriage, and is at this time married. On account of the marriage
all of the parties believe it to be for the best interests of the heirs of A
that some steps be taken at this time looking forward to a settlement between A
and his [her] lawful issue. The parties of the second part have this day
constituted B their sole representative to act for them in an attempt to settle
their rights with A. All the parties realize that B in arranging for settlement
is apt to incur the displeasure of A.
In consideration of the premises and other valuable
consideration it is mutually agreed by and between the parties that in the
event that B shall attempt to make a settlement of the rights of the parties
with A, and for any reason fail, and by so doing be in any manner or form
deprived of his [her] full rights as an heir of A, and shall by doing so be in
any manner disinherited by A, then and in that event the parties of the second
part agree with B that they and each of them shall contribute to B from any
portion of the property or property rights they shall receive from the
settlement of the estate of A such property and property rights so that B shall
receive an amount equal to that of any of the parties of the second part, share
and share alike.
This agreement shall only be in force and effect in
the event B shall be under the terms of the last will and testament of A
bequeathed an amount less than that received by the parties of the second part
and under all other conditions and circumstances, this agreement shall be null
and void.
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legal council before engaging in any action based upon content contained on this
site.
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or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: legal forms, family, child, settlement
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