Prenuptial Agreement.

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Prenuptial Agreement.

Category: Critical Thinking

Subcategory: Business

Level: College

Pages: 1

Words: 275

The Validity of a Prenuptial Agreement
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The Validity of a Prenuptial Agreement
Abstract
In this case, marriage is planned for Peter and Catherine, who have lived together without getting married officially, after Catherine is believed to have conceived. The plan for marriage is faced with some issues because Catherine refuses to sign the prenuptial contract since she felt that her husband to be, Peter, has not disclosed his annual income. Catherine states that she contends the validity of the contract because it is immoral: the agreement purports to take advantage of Catherine’s minimal financial assets and business expertise. Prenuptial contract is done when a spouse contending validity of the agreement is in the knowledge of the other partner’s financial assets and income. On his side, Peter argues that there is no point of disclosing his annual income since Catherine already know what he earns as they have lived together for more than four years. Peter believes that the agreement was valid and such thing should not be a cause of terming it invalid.
The Validity of a Prenuptial Agreement
In the present case, Catherine argues that the prenuptial agreement is void owing to Mallen’s nondisclosure of his income of $560,000 a year. Here, Catherine feels that lack of disclosure of one’s assets is an immoral act and the agreement cannot be valid. For the agreement to be validated, all the parties included must dis…

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