Premarital Agreement

Question 1

Premarital agreement requirements

Answer 1

must be in writing, voluntary, and based on full and fair disclosure of each party’s financial worth

Question 2

Fair and reasonable agreements

Answer 2

agreement must contain fir and reasonable ecnomic provisions for the claiming spouse

Question 3

Purpose of spousal support

Answer 3

to ensure an adequate income stream for persons whose economic dependency has resulted from the marital relationship.

Question 4

When it upholding spousal agreement against public policy

Answer 4

if the waiver of spousal support leaves a spouse dependent on the state

Question 5

Joint custody considerations

Answer 5

(1) fitness of both parents,
(2) whether the parents agree on joint custody;
(3) the parents ability to communicate and cooperate concerning the well-being of the children,
(4) the children’s preference;
(5) the level of involvement of each parent in the children’s lives
(6) geographic proximity of the parents homes and
(7) effect joint custody will have on the children’s psychological development.