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Prenuptial Agreements
Please be advised that anyone entering into a premarital agreement should consult
an attorney before signing the agreement. You may not be aware of the rights
that you may be giving up by signing the agreement.
A prenuptial agreement is also called an antenuptial agreement or a premarital
agreement. What ever you call it you should know that it is an agreement between
prospective spouses made in contemplation of marriage and to be effective upon
marriage. After marriage, a premarital agreement may be amended, revoked, or
abandoned only by a written agreement signed by the parties. The amended agreement,
revocation, or abandonment is enforceable without consideration.
Parties to a premarital agreement may contract with respect to:
- The rights and obligations of each of the parties in any of the property
of either or both of them whenever and wherever acquired or located;
- The right to buy, sell, use, transfer, exchange, abandon, lease, consume,
expend, assign, create a security interest in, mortgage, encumber, dispose
of, or otherwise manage and control property.
- The disposition of property upon separation, marital dissolution, death,
or the occurrence or nonoccurrence of any other event
- The establishment, modification, waiver, or elimination of spousal support;
- The making of a will, trust, or other arrangement to carry out the provisions
of the agreement.
- The ownership rights in and disposition of the death benefit from a life
insurance policy.
- The choice of law governing the construction of the agreement; and
- Any other matter, including their personal rights and obligations, not
in violation of either the public policy of this state or a law imposing a
criminal penalty.
However, the right of a child to support may not be adversely affected by
a premarital agreement.
Enforcement of a premarital agreement
A premarital agreement is not enforceable in an action proceeding under the
Florida Family Law Rules of Procedure if the party against whom enforcement
is sought proves that:
- The party did not execute the agreement voluntarily.
- The agreement was the product of fraud, duress, coercion, or overreaching;
or
- The agreement was unconscionable when it was executed and, before execution
of the agreement, that party:
- Was not provided a fair and reasonable disclosure of the property or financial
obligations of the other party.
- Did not voluntarily and expressly waive, in writing, any right to disclosure
of the property or financial obligations of the other party beyond the disclosure
provided; and
- Did not have, or reasonably could not have had, an adequate knowledge
of the property or financial obligations of the other party.
- If a provision of a premarital agreement modifies or eliminates spousal
support and that modification or elimination causes one party to the agreement
to be eligible for support under a program of public assistance at the time
of separation or marital dissolution, a court, notwithstanding the terms
of the agreement, may require the other party to provide support to the
extent necessary to avoid that eligibility.
- An issue of unconscionability of a premarital agreement shall be decided
by the court as a matter of law.
If you are going to enter into a premarital agreement consult an attorney!!!!
The above is not legal advice. That can only come from a qualified attorney
who is familiar with all the facts and circumstances of a particular, specific
case and the relevant law. See Terms
of Use.
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