Oregon Prenuptial Agreement With Accrual

State:
Oregon
Control #:
OR-P035-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package 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 forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.


These forms 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.


Included in your package are the following forms:



1. Prenuptial Premarital Agreement without Financial Statements;

2. Amendment to Prenuptial or Premarital Agreement;

3. Financial Statements only in Connection with Prenuptial Premarital Agreement;

4. Revocation of Premarital or Prenuptial Agreement

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Premarital Agreement

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FAQ

What Should be Included in a Prenuptial AgreementPremarital assets and debts.Children from previous marriage.Marital assets and debts.Marital responsibilities.Work.Family property.Property division in divorce.

The agreement was procured by fraud a prenup is valid only if it is entered into after full disclosure by both parties as to their income, assets, and liabilities. If one spouse provides the other with information that is not accurate or truthful, the agreement is invalid.

A couple may write their prenup because Oregon law only requires the agreement to be in writing and signed by both parties. The agreement is a legal contract that must comply with the Oregon law, and in some instances, court rulings.

The UPAA (the Golden State's Uniform Premarital Agreement Act) determines the constraints for prenups in California. Couples in California can draft their own prenups, however, if not done properly then it is easy for the contract to become void or invalidated.

If one spouse (or both) expects an inheritance during a marriage, a prenuptial agreement can include provisions that state the inherited assets will remain the property of the inheriting spouseso long as the inheritance is kept separate from community property.

Interesting Questions

More info

When creating a postnuptial, the spouses must ensure that no provision is unreasonable and unfair to one party. Premarital agreement (prenup) defined.Eligible employees can use vacation leave after completing 1040 working hours. A prenuptial agreement comes into force starting from the date of the marriage.

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Oregon Prenuptial Agreement With Accrual