Uniform Premarital Agreement Act
- Uniform Premarital Agreement Act
- A regulation that allows the parties of a premarital contract to choose the state's jurisdiction under which their contract will fall. A couple can choose any state in which one of the parties lives or plans to live or the state in which the couple will be married. Because this act has not been passed in all states, parties to a prenuptial contract are also limited to choosing only the states that have passed the Uniform Premarital Agreement Act.
The main advantage of choosing to have a prenuptial agreement fall under the jurisdiction of a state that has passed the Uniform Premarital Agreement Act is that many of these states have comprehensive provisions and statutes to resolve the issues associated with prenuptial agreements, such as estate planning, division of property, alimony, financial assets and custody. In other states, rulings on various situations may be less stable due to the fact that some states base their rulings on case law.
Investment dictionary.
Academic.
2012.
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Uniform Premarital Agreement Act — A law crafted by national lawmakers to promote consistency in prenuptial agreements from state to state. The UPAA governs such matters as what a premarital agreement can include and what will render an agreement unenforceable. The UPAA has been… … Law dictionary
Uniform Premarital Agreement Act — The Uniform Premarital Agreement Act ( UPAA ) is a Uniform Act drafted by the National Conference of Commissioners on Uniform State Laws in 1983. The UPAA has been adopted by 26 states and the District of Columbia. UPAA Adoptees Arizona, Arkansas … Wikipedia
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antenuptial agreement — An agreement between prospective spouses made in contemplation of marriage and to be effective upon marriage. Uniform Premarital Agreement Act, No. 1. Antenuptial agreements are generally entered into by people about to enter marriage in an… … Black's law dictionary
antenuptial agreement — An agreement between prospective spouses made in contemplation of marriage and to be effective upon marriage. Uniform Premarital Agreement Act, No. 1. Antenuptial agreements are generally entered into by people about to enter marriage in an… … Black's law dictionary
pre-nuptial agreement — One entered into by prospective spouses prior to marriage but in contemplation and in consideration thereof; by it, the property or other financial rights of one or both of the prospective spouses are determined or are secured to one or both of… … Black's law dictionary
marital — /maeratal/maraytal/ Relating to, or connected with, the status of marriage; pertaining to a husband; incident to a husband @ marital agreements Contracts between parties who are either on the threshold of marriage or on the verge of separation,… … Black's law dictionary
marital — /maeratal/maraytal/ Relating to, or connected with, the status of marriage; pertaining to a husband; incident to a husband @ marital agreements Contracts between parties who are either on the threshold of marriage or on the verge of separation,… … Black's law dictionary
Division of property — Division of property, also known as equitable distribution, is a judicial division of property rights and obligations between spouses during divorce. It may be done by agreement, through a property settlement, or by judicial decree. Distribution… … Wikipedia
