US Legal Forms
Pennsylvania Prenuptial Premarital Agreement without Financial...

Pennsylvania Prenuptial Premarital Agreement without Financial Statements

Name: Pennsylvania Prenuptial Premarital Agreement without Financial Statements
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.63 (407 reviews)

Category:

Family Law - Marriage - Property Agreements - Prenuptial Premarital

State:

Pennsylvania

Control #:

PA-00590-B

Format:

Instant download

Upgrade to a Package! Premarital Agreement Value Package. 4 Key Forms. Go to Package

Description

This form package contains a premarital agreement for your state. The agreement can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The agreement describes the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce. These contracts are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.

Pennsylvania Prenuptial Premarital Agreement with Financial Statements

View this form

Amendment to Prenuptial or Premarital Agreement

View this form

Financial Statements only in Connection with Prenuptial Premarital Agreement

View this form

Revocation of Premarital or Prenuptial Agreement

View this form

USLF Multistate Elder and Retirement Law H...

View this form

Tenant Improvement Lease

View this form

Notice to Debt Collector - Falsely Represe...

View this form

Sample Letter for Domestic Services - Prom...

View this form

Sample Letter for Corporate Tax Return

View this form

How to fill out Pennsylvania Prenuptial Premarital Agreement Without Financial Statements?

The work with papers isn't the most simple task, especially for those who rarely work with legal papers. That's why we advise using correct Pennsylvania Prenuptial Premarital Agreement without Financial Statements templates made by professional lawyers. It gives you the ability to avoid troubles when in court or handling official organizations. Find the documents you need on our website for top-quality forms and correct descriptions.

If you’re a user with a US Legal Forms subscription, simply log in your account. Once you’re in, the Download button will immediately appear on the template page. Right after accessing the sample, it will be stored in the My Forms menu.

Customers without an active subscription can quickly create an account. Make use of this brief step-by-step help guide to get your Pennsylvania Prenuptial Premarital Agreement without Financial Statements:

Make sure that the form you found is eligible for use in the state it’s necessary in.
Verify the file. Make use of the Preview feature or read its description (if offered).
Click Buy Now if this template is what you need or return to the Search field to find a different one.
Choose a suitable subscription and create your account.
Use your PayPal or credit card to pay for the service.
Download your file in a preferred format.

After finishing these simple actions, you can fill out the sample in an appropriate editor. Recheck completed data and consider requesting an attorney to examine your Pennsylvania Prenuptial Premarital Agreement without Financial Statements for correctness. With US Legal Forms, everything becomes much easier. Test it now!

Form popularity

FAQ

Saving and Spending Strategies A prenuptial agreement should address the couple's future financial plans, including investment and retirement strategies. It should also cover how much income is to be paid into joint and/or separate bank accounts, and whether or not their will be any specific spending allowances.

In the event of divorce, a prenup can protect a spouse from being liable for any debt the other spouse brought into the marriage.A prenup can also protect any income or assets you earn during the marriage, as well as unearned income from a bequest or a trust distribution.

In California, individuals can draft their prenups. However, without a legal background, it is easy for the prenuptial agreement to be invalidated.Other requirements include a written contract, legal terms within the prenup and the voluntary signatures of both parties.

As long as both parties are in agreement to the terms of the post nuptial contract, and have the ability to put those terms into a legal document, most states don't make it a legal requirement to have an attorney.

A prenuptial agreement does not have to be notarized to be valid. Often, they are notarized, so there is no question that it was actually signed by the parties. Assuming, that neither of you are contesting the validity of the agreement it should be legally viable.

Putting the Agreement in Writing. Identify the parties and the document. After titling the document something like Premarital Agreement, you want to identify the two parties by full, legal names and state that they are both willingly entering into the agreement. State the intent of marriage.

Just as a future asset can be protected by a prenup if adequately described, future income can also be treated as belonging to one partner but not both.

The premarital agreement is not a notarized document, therefore there is no per se obligation to notarize it.For instance, whenever the prenuptial agreement, in dividing assets between the spouses, also refers to a real estate property transfer, having the document notarized is highly recommended.

2. Prenups make you think less of your spouse. And at their root, prenups show a lack of commitment to the marriage and a lack of faith in the partnership.Ironically, the marriage becomes more concerned with money after a prenup than it would have been without the prenup.

Trusted and secure by over 3 million people of the world’s leading companies

Pennsylvania Prenuptial Premarital Agreement without Financial Statements

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. If your state has not adopted the Uniform Act, case law generally controls enforceability of the agreement.

A sample of the Uniform Act provides as follows:

25-201. Definitions

In this article, unless the context otherwise requires:

1. "Premarital agreement" means an agreement between prospective spouses that is made in contemplation of marriage and that is effective on marriage.

2. "Property" means an interest, present or future, legal or equitable, vested or contingent, in real or personal property, including income and earnings.

25-202. Enforcement of premarital agreements; exception

A. A premarital agreement must be in writing and signed by both parties. The agreement is enforceable without consideration.

B. The agreement becomes effective on marriage of the parties.

C. The agreement is not enforceable if the person against whom enforcement is sought proves either of the following:

1. The person did not execute the agreement voluntarily.

2. The agreement was unconscionable when it was executed and before execution of the agreement that person:

(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.

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

D. 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.

E. An issue of unconscionability of a premarital agreement shall be decided by the court as a matter of law.

F. 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.

25-203. Scope of 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 or create a security interest in, mortgage, encumber, dispose of or otherwise manage and control property.

3. The disposition of property on 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 choice of law governing the construction of the agreement.

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

B. The right of a child to support may not be adversely affected by a premarital agreement.

25-204. Amendment or revocation of agreement

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.

25-205. Limitation of actions

A 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.

If your state has not adopted the Uniform Act, case law generally controls enforceability of the agreement. The agreement you have found is written to comply with the Uniform Act adopted by your State, or applicable case law if the Uniform Act has not been adopted by your state.

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

To order the form, close this window and click the order icon.

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

Pennsylvania Prenuptial Premarital Agreement without Financial Statements

A sample of the Uniform Act provides as follows:

25-201. Definitions

In this article, unless the context otherwise requires:

1. "Premarital agreement" means an agreement between prospective spouses that is made in contemplation of marriage and that is effective on marriage.

2. "Property" means an interest, present or future, legal or equitable, vested or contingent, in real or personal property, including income and earnings.

25-202. Enforcement of premarital agreements; exception

A. A premarital agreement must be in writing and signed by both parties. The agreement is enforceable without consideration.

B. The agreement becomes effective on marriage of the parties.

C. The agreement is not enforceable if the person against whom enforcement is sought proves either of the following:

1. The person did not execute the agreement voluntarily.

2. The agreement was unconscionable when it was executed and before execution of the agreement that person:

(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.

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

E. An issue of unconscionability of a premarital agreement shall be decided by the court as a matter of law.

F. 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.

25-203. Scope of 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 or create a security interest in, mortgage, encumber, dispose of or otherwise manage and control property.

3. The disposition of property on 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 choice of law governing the construction of the agreement.

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

B. The right of a child to support may not be adversely affected by a premarital agreement.

25-204. Amendment or revocation of agreement

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.

25-205. Limitation of actions

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

To order the form, close this window and click the order icon.

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

Pennsylvania Prenuptial Premarital Agreement without Financial Statements

Description

Related forms

Viewed forms

How to fill out Pennsylvania Prenuptial Premarital Agreement Without Financial Statements?

Form popularity

FAQ

What information do you need for a prenup?

Do prenups cover money made after marriage?

Can you write your own prenuptial agreement?

Can I write my own post nuptial agreement?

Can you write your own prenup and have it notarized?

How do you write a premarital agreement?

Can a prenup protect future income?

Do prenuptial agreements need to be notarized?

Why you should never sign a prenup?

Trusted and secure by over 3 million people of the world’s leading companies

Pennsylvania Prenuptial Premarital Agreement without Financial Statements

Description

Related forms

Related legal definitions

Viewed forms

How to fill out Pennsylvania Prenuptial Premarital Agreement Without Financial Statements?

Form popularity

FAQ

What information do you need for a prenup?

Do prenups cover money made after marriage?

Can you write your own prenuptial agreement?

Can I write my own post nuptial agreement?

Can you write your own prenup and have it notarized?

How do you write a premarital agreement?

Can a prenup protect future income?

Do prenuptial agreements need to be notarized?

Why you should never sign a prenup?

Trusted and secure by over 3 million people of the world’s leading companies