Connecticut Prenuptial Premarital Agreement with Financial Statements - Uniform Premarital Agreement Act
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.
Connecticut Statutes
Enforcement of premarital agreement:
(a) A premarital
agreement or amendment shall not be enforceable if the party against whom
enforcement is sought proves that:
(1) Such party did
not execute the agreement voluntarily; or
(2) The agreement was unconscionable when it was executed or when
enforcement is sought; or
(3) Before execution of the agreement, such party was not provided
a fair and reasonable disclosure of the amount, character and value of
property, financial obligations and income of the other party; or
(4) Such party was not afforded a reasonable opportunity to consult
with independent counsel.
(b) If a provision of a premarital agreement modifies or eliminates
spousal support and such 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 such eligibility.
(c) An issue of unconscionability of a premarital agreement shall
be decided by the court as a matter of law. (P.A. 95-170, S. 6, 11.) History:
P.A. 95-170 effective October 1, 1995, and applicable to premarital agreements
executed on or after that date. Sec. 46b-36g.
Content of premarital agreement: (a) Parties
to a premarital agreement may contract with respect to:
(1) 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;
(2) 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;
(3) The disposition of property upon separation, marital dissolution,
death, or the occurrence or nonoccurrence of any other event;
(4) The modification or elimination of spousal support;
(5) The making of a will, trust or other arrangement to carry out
the provisions of the agreement;
(6) The ownership rights in and disposition of the death benefit
from a life insurance policy;
(7) The right of either party as a participant or participant's
spouse under a retirement plan;
(8) The choice of law governing the construction of the agreement;
and
(9) Any other matter, including their personal rights and obligations.
(b) No provision made under subdivisions (1) to (9), inclusive,
of subsection (a) of this section may be in violation of public policy
or of a statute imposing a criminal penalty.
(c) The right of a child to support may not be adversely affected
by a premarital agreement. Any provision relating to the care, custody
and visitation or other provisions affecting a child shall be subject to
judicial review and modification. (P.A. 95-170, S. 3, 11.) History: P.A.
95-170 effective October 1, 1995, and applicable to premarital agreements
executed on or after that date. Sec. 46b-36d.
Premarital agreements made prior to October 1, 1995, not affected:
Nothing in sections 46b-36a to 46b-36j, inclusive, shall be deemed
to affect the validity of any premarital agreement made prior to October
1, 1995. (P.A. 95-170, S. 10, 11.)
History: P.A. 95-170 effective October 1, 1995, and applicable
to premarital agreements executed on or after that date. Sec. 46b-36j.
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 Guidlines
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.