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Oregon Estados financieros solo en relación con el acuerdo...

Eugene Oregon Estados financieros solo en relación con el acuerdo prematrimonial prenupcial - Oregon Financial Statements only in Connection with Prenuptial Premarital Agreement

Name: Eugene Oregon Estados financieros solo en relación con el acuerdo prematrimonial prenupcial
Brand: US Legal Forms
Rating: 4.76 (406 reviews)

Category:

Matrimonio - Acuerdos de propiedad - Prenupcial Prematrimonial - Alaska

State:

Oregon

City:

Eugene

Control #:

OR-00590-D

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Description

Incluye dos estados financieros.

Eugene Oregon Financial Statements only in Connection with Prenuptial Premarital Agreement: A Detailed Overview In the context of prenuptial or premarital agreements, Eugene, Oregon residents are often required to submit financial statements. These statements play a significant role in documenting and protecting the financial interests of both parties entering into the agreement. By providing a comprehensive picture of their assets, liabilities, and income, individuals can ensure transparency, clarity, and fairness in financial matters during their marriage or potential separation down the line. There are several types of Eugene Oregon Financial Statements that may be required within the context of a prenuptial or premarital agreement. These could include: 1. Personal Financial Statement: This statement captures an individual's net worth, including their assets, such as real estate properties, investments, vehicles, and personal belongings. It also details liabilities, such as mortgages, loans, and credit card debt. 2. Income Statement: This type of financial statement highlights an individual's income from various sources, including employment, self-employment, investments, or any other revenue streams. It allows both parties to understand each other's earning capabilities and potential financial contributions to the marriage. 3. Tax Returns: Submitting previous years' tax returns can provide a clear picture of an individual's income, deductions, and overall financial situation. This helps ensure that both parties understand the potential tax implications and obligations they may face as a couple. 4. Bank Statements: Banks statements from various accounts, including checking, savings, and investment accounts, show an individual's financial transactions and account balances. These statements can provide crucial insights into an individual's spending habits, debt obligations, and overall financial stability. 5. Business Financial Statements: If either party owns a business or is self-employed, they might need to submit financial statements related to their enterprise. These statements can shed light on the business's assets, liabilities, revenue, expenses, and profit, helping determine how the potential separation or divorce might affect the business's value and financial impact on the marriage. When it comes to Eugene Oregon Financial Statements only in Connection with Prenuptial Premarital Agreement, accuracy and completeness are essential. Both parties must disclose their financial information truthfully and thoroughly. Deliberately withholding or misrepresenting information can lead to legal complications and potentially invalidate the prenuptial agreement. It's crucial to consult with a qualified attorney specializing in family law in Eugene, Oregon, to understand the specific requirements and legal implications surrounding financial statements in prenuptial or premarital agreements. An experienced attorney can help draft an agreement that protects both parties' interests and ensures compliance with the law, giving the couple peace of mind and security in their future endeavors.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

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Choice of Law Issues and Foreign Marriage Contracts . Financial Statements – Each party must file a statement and all lines must be filled out completely.A. Contrary to the Opinion of Appellate Court, the Massachusetts Statute Contained in the. Select Annual Reports under News and. Information. If you do not have Internet access, call the PLF at 503-639-6911 or. 6 Moreover, marriage law has become. The marriage is dissolved in a common law or marital property state.

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Estados financieros solo en relación con el acuerdo prematrimonial prenupcial

Sometimes there are areas of law about which Uniform Acts are written and adopted by the various states. Premarital Agreements is such as area of law. The NATIONAL CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS adopted the final version of the Uniform Premarital Agreement Act in 1983. Since that date, the act, as modified by the various states, has been adopted in the following states: Arizona, Arkansas, California, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Maine, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Oregon, Rhode Island, South Dakota, Texas, Utah and Virginia. At the heart of the act is the provision which provides that such an agreement is generally valid if in writing and sets forth the factors to consider if the agreement is challenged.

Oregon Statutes

Definitions for ORS 108.700 to 108.740:

As used in ORS 108.700 to 108.740:

(1) "Premarital agreement" means an agreement between prospective spouses made in contemplation of marriage and to be effective upon marriage.

(2) "Property" means an interest, present or future, legal or equitable, vested or contingent, in real or personal property, including income and earnings. [1987 c.715 Â§ 1]108.700

Agreement to be in writing; consideration not required:

A premarital agreement must be in writing and signed by both parties. It is enforceable without consideration. [1987 c.715 Â§ 2]108.705

Subjects of agreement; child support not to be adversely affected:

(1) Parties to a premarital agreement may contract with respect to:

(a) 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;

(b) 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;

(c) The disposition of property upon separation, marital dissolution, death or the occurrence or nonoccurrence of any other event;

(d) The modification or elimination of spousal support;

(e) The making of a will, trust or other arrangement to carry out the provisions of the agreement;

(f) The ownership rights in and disposition of the death benefit from a life insurance policy;

(g) The choice of law governing the construction of the agreement; and

(h) Any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.

(2) The right of a child to support may not be adversely affected by a premarital agreement. [1987 c.715 Â§ 3]108.710

Agreement effective upon marriage:

A premarital agreement becomes effective upon marriage. [1987 c.715 Â§ 4]108.715

Modification of agreement; consideration not required:

After marriage, a premarital agreement may be amended or revoked only by a written agreement signed by the parties. The amended agreement or the revocation is enforceable without consideration. [1987 c.715 Â§ 5]108.720

Party may prove agreement unenforceable; when court may require support; determination of unconscionability:

(1) A premarital agreement is not enforceable if the party against whom enforcement is sought proves that:

(a) That party did not execute the agreement voluntarily; or

(b) The agreement was unconscionable when it was executed and, before execution of the agreement, that party:

(A) Was not provided a fair and reasonable disclosure of the property or financial obligations of the other party;

(B) 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

(C) Did not have, or reasonably could not have had, an adequate knowledge of the property or financial obligations of the other party.

(2) 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.

(3) An issue of whether a premarital agreement is unconscionable shall be decided by the court as a matter of law. [1987 c.715 Â§ 6]108.725

Effect of void marriage:

If a marriage is determined to be void, an agreement that would otherwise have been a premarital agreement is enforceable only to the extent necessary to avoid an inequitable result. [1987 c.715 Â§ 7]108.730

Statute of limitations; defenses:

Any statute of limitations applicable to an action asserting a claim for relief under a premarital agreement is tolled during the marriage of the parties to the agreement. However, equitable defenses limiting the time for enforcement, including laches and estoppel, are available to either party. [1987 c.715 Â§ 8]108.735

Citation; construction; severability:

(1) ORS 108.700 to 108.740 may be cited as the Uniform Premarital Agreement Act.

(2) ORS 108.700 to 108.740 shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this Act among states enacting it.

(3) If any provision of ORS 108.700 to 108.740 or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of ORS 108.700 to 108.740 which can be given effect without the invalid provision or application, and to this end the provisions of ORS 108.700 to 108.740 are severable. [1987 c.715 Â§ 9]08.740

Advantages of premarital agreements for both parties:

Avoiding Litigation Costs

Protecting against Fears of Family Members

Protecting Family Assets

Protecting Business Assets

Protection Against Creditors

Child Custody and Support Guidelines

Predetermined Disposition of Property

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Disclaimer: This law summary is not legal advice. If you are not an attorney, you should consult an attorney about serious legal matters.