The financial statement disclosure form is for use in connection with the premarital agreement and must be completed accurately and completely. Both parties are required to complete a separate financial statement and provide a copy of the statement to the other party.
Seattle Washington Financial Statements only in Connection with Prenuptial Premarital Agreement
State:
Washington
City:
Seattle
Control #:
WA-00590-D
Format:
Word;
Rich Text
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Description
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FAQ
You can keep your finances separate: Without a prenuptial agreement, even a separate bank account will be considered marital property in a divorce. You can keep your finances truly separate with a prenuptial agreement.
To ensure that a prenuptial agreement is fully enforceable in the Washington courts, the following requirements must be met: The agreement must be in writing. Oral (spoken) agreements are unenforceable. The agreement must be signed by both parties.
The law does not allow a couple to include any terms regarding child custody, visitation or support in a prenuptial or postnuptial agreement. This is because a judge will make these decisions in a divorce case based on the child's best interests.
Be a written contract?no verbal agreements. Have lawful terms within the prenup. Include the signatures from both parties. Must be signed voluntarily (can't involve coercion, duress, intimidation, or deceit)
Prenuptial agreements, if drawn up and executed correctly, are legally binding and are usually upheld in court.
Our Washington State prenuptial agreement lawyers are often asked if prenups are even valid or enforceable. There seems to be a widespread misperception that they are no longer accepted by our courts. This is untrue. Despite rumors to the contrary, these agreements remain an important part of Washington's divorce laws.
Washington laws provide that couples can use a prenuptial agreement to decide issues about alimony. Couples can use a prenup to waive rights to alimony or to establish terms such as the type, amount and duration of support.
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.
These should be kept in a safe, safety deposit box, or other location along with important documents such as passports, birth certificates, etc.
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.