Updated May 17, 2023
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An Iowa prenuptial agreement is a premarital contract that delineates the manner in which the property of the potential spouses will be managed. The contract is used to provide clarity as to the rights and obligations of each party to shared and independently owned property that was acquired during and prior to the marriage. The division of the assets upon separation is what a prenuptial agreement is most commonly known for; however, it can also relay information regarding estate planning tools such as the creation and division of trusts and the effect of a life insurance policy.
Signing Requirements (§ 596.4) – Both prospective spouses are required to sign the document for it to be legally enforceable.
Laws
- 596.1 – Definitions
- 596.2 – Construction and application
- 596.3 – Short title
- 596.4 – Formalities
- 596.5 – Content
- 596.6 – Effective date of agreement
- 596.7 – Revocation
- 596.8 – Enforcement
- 596.9 – Unconscionability
- 596.10 – Enforcement — void marriage
- 596.11 – Limitation of action
- 596.12 – Effective date