Uniform Premarital Agreement Act Indiana

IC 31-11-3-5 content; 1. The rights and obligations of each party on one or both of them, when and where they are acquired or located, may be concluded between the parties to a pre-marital agreement. (2) The right to buy: (A) (B) sell; (C) use; (D) exchanges; (E) the task; (F) leasing; (G) consume; (H) charges; (I) subpoena; (J) create an interest in safety; (K) the mortgage; (L) charge; (M) get rid of waste; or (N) manage and control in another way; property. (3) The property provision in accordance with: (A) separation from legal separation; (B) dissolution of marriage; (C) death; or (D) the appearance or absence of another event. (4) The modification or elimination of marriage expectation. (5) Establishment of: (A) a Testament; (B) a position of trust; or (C) other provision; comply with the terms of the agreement. (6) The ownership rights of death insurance and the scheduling of life insurance. (7) The choice of the right to build the agreement. (8) Any other case that is not contrary to public order or a law imposing a criminal sanction, including the rights and obligations of the personality of the parties. b) A pre-marriage agreement must not interfere with a child`s right to assistance. As added by P.L.1-1997, SEC.3. To date, UPAA/UPMAA has been taken over by 28 states and the District of Columbia: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Maine, Montana, Nebraska, Nevada, New Jersey, North Mexico, North Dakota, Oregon, Rhode Island, South Dakota, Texas, Utah, Virginia and Wisconsin. While the laws enacted by the legal systems adopted by upAA/UPMA have state-to-country differences, this uniform framework of uniform laws has certainly made it much easier for signatories to prepare pre-judicial agreements in accordance with the law by codifying the requirements.

According to the Indiana Code, a pre-marriage agreement is not applicable if a party seeking to reverse the agreement proves that: 1) the party did not voluntarily execute the agreement or 2) that the agreement was not unacceptable when the agreement was signed. These potential reasons for the nullity of a pre-marriage agreement are very factual, so be sure to contact a local lawyer to see the likelihood of the non-validity of an agreement in your particular case. As noted above, pre-marriage agreements are preferred in Indiana, as evidenced by the passage of the Premarital Agreement Act. The law allows all divorce-related issues to be resolved through a pre-marital agreement, with the exception of the child who asks questions such as custody, education time and child custody. In addition, such an agreement may also address a number of estate planning issues, provided it does not infringe on a child`s right to adequate assistance. agreement of extreme rigour in circumstances that were reasonably foreseeable at the time the agreement was implemented; Notwithstanding the terms of the agreement, a court may require the other party to provide support to the extent necessary to avoid extreme hardship.