MARITAL CONTRACTS AND CONTRACTS BETWEEN COHABITANTS Flashcards
1
Q
MARITAL AGREEMENTS
A
- Marital agreement: agreement between spouses who intend to remain married.
- A marital agreement: alters/confirms marital rights/ obligations during marriage/at separation, dissolution, or death.
- Most often, these agreements concern property rights.
- Most states treat premarital & marital agreements under the same set of principles & requirements
2
Q
SEPARATION AGREEMENTS
A
- A separation agreement is an agreement entered into after marriage under which parties agree to live apart & resolve economic issues (spousal support, property division, & child support) & custody rights.
- To be enforceable, agreement must be voluntary, there must have been a full & fair disclosure by both parties, & there must be consideration.
- Consideration for the agreement is found in mutual promises of parties.
- In a separation agreement, parties can waive alimony/property division & parties can agree on custody & child support, but ct is not bound by parties’ K concerning children.
- Child custody and support provisions will be enforced by ct only if they are in the child’s best interest.
3
Q
Modification
A
- If divorce decree states that separation agreement is merged into decree, or if specific provisions of agreement are repeated in decree, the whole agreement assumes status of a ct judgment, is enforceable as such (subject to contempt), & can be modified by the ct.
- If agreement is not merged in this way, it retains its separate character as a K & is enforceable as such.
- Child support & custody provisions can always be modified if it is in best interest of child.
4
Q
CONTRACTS BETWEEN UNMARRIED
COHABITANTS
A
- Express Ks between unmarried cohabitants regarding earnings & property rights are generally valid & will be enforced.
- These Ks are unenforceable if sex is the only consideration.
- Some cts have used implied Ks to award property between unmarried cohabitants, including former spouses who divorced & then resumed living together.