Uniform Premarital Agreement Act Pros And Cons

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The State of Florida currently uses the Uniform Premarital Agreement Act (UPAA), which is a guideline on how pre-marital, marital and any future property will be divided in case the marriage does not last. For the UPAA to be valid it must be in writing and signed by both parties. The UPAA give guidelines requiring matters such as property, life insurance, wills, and alimony. The most important thing to remember about the UPAA is that child support cannot be decided in a premarital contract. The premarital agreement can be invalidated if any of the following items can be proven: o if either party did not sign the agreement voluntarily o the agreement is not a product of fraud, duress, coercion or overreaching, o the agreement was unconscionable

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