Marital property is always subject to equitable distribution. So to the extent there is marital property, it needs to be fairly divided. What you are facing is a typical situation. Your wife wants you to quickly sign for two reasons. 1. the agreement likely takes advantage of you in some way and 2. it will be cheaper for her.
Do not sign anything until you have had an attorney review it. Most attorneys will want to charge you a small fee to review the document and give you some advice. It may be that the document is fine, but you need an attorney! Go to the lawyers.com directory and find an attorney in the city near you live that offers free consultations. Bring the document with you and see what they say.
Don't sign until then!
Answered on Sep 10th, 2012 at 2:02 PM