Investopedia

Continue to Site »

Uniform Premarital Agreement Act

Filed Under » ,
Dictionary Says

Definition of 'Uniform Premarital Agreement Act'

A regulation that allows the parties of a premarital contract to choose the state's jurisdiction under which their contract will fall. A couple can choose any state in which one of the parties lives or plans to live or the state in which the couple will be married. Because this act has not been passed in all states, parties to a prenuptial contract are also limited to choosing only the states that have passed the Uniform Premarital Agreement Act.
Investopedia Says

Investopedia explains 'Uniform Premarital Agreement Act'

The main advantage of choosing to have a prenuptial agreement fall under the jurisdiction of a state that has passed the Uniform Premarital Agreement Act is that many of these states have comprehensive provisions and statutes to resolve the issues associated with prenuptial agreements, such as estate planning, division of property, alimony, financial assets and custody. In other states, rulings on various situations may be less stable due to the fact that some states base their rulings on case law.

Articles Of Interest

  1.

    Getting A Divorce? Understand the Rules Of Dividing Plan Assets

    Learn how different rules of asset handling apply to various retirement plans.

  2. Marriage, Divorce And The Dotted Line

    Does signing a prenuptial agreement put your marriage on shaky ground, or is it just smart planning?

  3. Revealing The Hidden Costs Of Weddings

    Find out how to avoid paying more for your big day!

  4. Create A Pain-Free Postnuptial Agreement

    This marital contract can underline your love for each other - not undermine it.

  5. Austerity: When The Government Tightens Its Belt

    When a government tightens its belt in tough economic times the entire nation feels the squeeze.

  6. Why It's Important To Regulate Foreign Exchange

    In an increasingly globalized economy, the significance of the foreign exchange marketplace cannot be underestimated.

  7. Zynga's New Venture Is A Major Gamble

    The current state of online gambling in the U.S. makes Zynga’s move into the market a very risky one.

  8. Approved: Paying Online Sales Tax

    States will now be allowed to collect sales taxes on purchases made from Internet-based retailers even if the retailer has no physical presence in that state.

  9. Sequestration: What Will It Do And What Should You Do?

    Learn about the sequester, and possible ways to play it.

  10. Stocks That Follow This Simple Practice Beat The Markets 6-To-1

    We look at what makes Shaw Communications so special, and how you can find other smilarily special stocks.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Abatement Cost

    A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created.

  2. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  3. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  4. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  5. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  6. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
Trading Center