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Parties to a premarital agreement may contract with respect to:
Terms Used In Utah Code 30-8-4- Contract: A legal written agreement that becomes binding when signed.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Premarital agreement: means an agreement between prospective spouses made in contemplation of marriage and to be effective upon marriage. See Utah Code 30-8-2
- Property: means an interest, present or future, legal or equitable, vested or contingent, in real or personal property, including income and earnings. See Utah Code 30-8-2
- Statute: A law passed by a legislature.
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the rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located; |
| (b) |
the right to buy, sell, use, transfer, exchange, abandon, lease, consume, expend, assign, create a security interest in, mortgage, encumber, dispose of, or otherwise manage and control property; |
| (c) |
the disposition of property upon separation, marital dissolution, death, or the occurrence or nonoccurrence of any other event; |
| (d) |
the modification or elimination of spousal support; |
| (e) |
the ownership rights in and disposition of the death benefit from a life insurance policy; |
| (f) |
the choice of law governing the construction of the agreement, except that a court of competent jurisdiction may apply the law of the legal domicile of either party, if it is fair and equitable; and |
| (g) |
any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty. |
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