Prenup Laws and Requirements in California
There are certain legal requirements in California law that you must fulfill if you want your prenup to be legally binding.
- Firstly, prenups in California must be concluded in writing, meaning that no Court will consider oral agreements in case of a dispute.
- Secondly, both spouses must sign the document willingly without coercion or threats.
- Also, different attorneys have to advise both parties to the prenup.
- Both parties must have at least seven days to review the document before signing it.
- In addition to these, before signing the prenup, both parties must receive complete information regarding financial assets and the property owned by the other party to the agreement. Such disclosure should also contain information on the debts. Concealment of any assets may result in an annulment of the prenup by the courts.
- There are no requirements to notarize the form. However, it is always advisable to do so.
Prohibited Clauses
There are also some legal requirements on what cannot be included in a California prenup form under any circumstances. First of all, any clauses regarding child support or custody over children may result in the annulment of a prenup. Secondly, deceptive or exploitative requirements to one of the spouses have also been prohibited, as well as any links to illegal acts by one of the spouses. Additionally, you cannot include any non-financial requirements into the prenup, for example, requirements to change one’s appearance.
The issue of spousal support is somewhat dubious. In general, the law does not preclude you from addressing this issue in the prenup or even waving it. However, there are certain limits to this right. The most important limitation is the fact that even a fully legal waiver of spousal support at the time of the conclusion of a prenup cannot be enforced by a court if this waiver became unconscionable at the time of enforcement. For example, if one party is severely disadvantaged compared to the other party.
Also, a prenup cannot include any provisions that are contrary to the state’s public policy.
UPAA in CA and What it Means
Uniform Premarital Agreement Act or (UPAA) in California is an act of law that can be found in the Family Code of California. It contains criteria for prenups without which a prenup would not be a legally binding document and will not perform its functions in case of a divorce.