Oregon Prenuptial Property Agreement
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How to fill out Prenuptial Property Agreement?
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FAQ
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.
Second, prenups can create a sense of inequality between the two people. By signing a prenup, one partner may feel as if they are more entitled to certain assets than the other. This can lead to resentment and arguments over who owns what. Finally, prenups can be a source of stress in a relationship.
The contract becomes unenforceable if the court determines that one of the parties was dishonest or is guilty of misrepresentation. As with any legally binding document, prenup agreements must be prepared by a qualified lawyer.
A prenuptial agreement does not cover the following: Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.
Enforcement of the prenuptial agreement will not be automatic, and you'll need legal representation. Generally, Oregon favors enforcement of prenuptial agreements and marital settlement agreements. But if you have significant assets, you do not want to leave them to chance.
The ?infidelity clause? ? an up-and-coming trend in prenuptial agreements ? seeks to ensure that there are financial consequences for the cheater if that vow is broken. Infidelity clauses are quickly becoming the most popular lifestyle clauses in pre- and postnuptial agreements.
Can a prenup protect my house? In short, yes, a prenup can protect your house. Describing future assets in great detail in your prenup agreement can protect home purchases or income down the line.
Spousal abuse or cheating does not void or invalidate a prenuptial or partition agreement unless the agreement specifically states that. Most prenuptial or partition agreements do not mention abuse or cheating.
