Oregon Prenuptial Agreement Template

Most people have heard of “pre-marital agreements,” although they have probably generally heard that they are informally called “Prenup” or “Prenupt.” Most people might also think that marital arrangements are reserved for celebrities or the rich. That is not the case. Marital agreements can be an excellent tool and an excellent option for parties who want to have more control over their finances and future – instead of spending their entire lives after divorce essentially on a judge whose decisions or findings might be a little unpredictable. Marriage contracts in Oregon are governed by the Premarital Agreement Act (UPAA), which was passed in 1987 and codified as ORS 108,700-108.740. According to the UPAA, the agreement must be written and signed by both parties, the agreement will enter into force on marriage and, after the marriage, the agreement may be amended or revoked, only by a written agreement signed by both parties. Similarly, under the UPPA, the marriage agreement must not infringe or remove a child`s right to the assistance of a parent. If the conditions of spising spowing assistance in a matrimonial pact would allow one party, at the time of separation or dissolution, to become eligible under a public support program, a court may exercise its discretion and judgment in order to amend the terms of the agreement in order to compel the other party to provide support to the extent necessary to avoid eligibility or dependence. public assistance. Parties to a marriage agreement are not required to have separate lawyers, but it is certainly advisable.

In fact, it would be preferable for each party to have fully independent lawyers (z.B. not two lawyers in the same firm or office). Part of the reason is that there may very well be inequalities between the parties entering into a marriage, and it is essential that every party who renounces the rights it may have in marriage – or in a subsequent divorce – know what those rights are and what the consequences might be of giving up those rights. Looking at this from a different perspective, a party to a conjugal agreement that attempts to eliminate or restrict the rights of the other party will require evidence that the party who agreed to lose or limit his rights knowingly and voluntarily did so, or that the court cannot enforce the abusive provisions of the marriage agreement.