A Stipulation of Settlement in a New York divorce is a written agreement between both spouses that outlines the terms of their divorce, including property division, spousal support, child custody, and visitation arrangements. This document is crucial in uncontested divorces, as it ensures both parties agree on the terms before submitting it to the court for approval. Once approved, it becomes a legally binding part of the divorce decree. A well-drafted Stipulation of Settlement helps avoid future disputes and can streamline the divorce process. It is essential to consult an attorney to ensure the agreement is fair and legally sound.