Under New Jersey law this document can be of the utmost importance in a situation in which the parties resolve issues pertaining to their divorce during mediation. This results in your divorce mediator generating a Memorandum of Understanding (“MOU”) for each spouse to take to their own divorce attorney of their choosing in order to review the documents to ensure that a seasoned divorce lawyer explains all aspects of the MOU and whether or not it is a fair and equitable one. Upon moving forward your attorney shall then draft what becomes your official divorce decree (Matrimonial Settlement Agreement (as it is known here in New Jersey as an MSA). So what happens if the MOU is not consistent with the MSA?
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