75-2-213 - Waiver of right to elect and of other rights.
75-2-213. Waiver of right to elect and of other rights.
(1) The right of election of a surviving spouse and the rights of the surviving spouse tohomestead allowance, exempt property, and family allowance, or any of them, may be waived,wholly or partially, before or after marriage, by a written contract, agreement, or waiver signedby the surviving spouse.
(2) A surviving spouse's waiver is not enforceable if the surviving spouse proves that:
(a) he did not execute the waiver voluntarily; or
(b) the waiver was unconscionable when it was executed and, before execution of thewaiver, he:
(i) was not provided a fair and reasonable disclosure of the property or financialobligations of the decedent;
(ii) did not voluntarily and expressly waive, in writing, any right to disclosure of theproperty or financial obligations of the decedent beyond the disclosure provided; and
(iii) did not have, or reasonably could not have had, an adequate knowledge of theproperty or financial obligations of the decedent.
(3) An issue of unconscionability of a waiver is for decision by the court as a matter oflaw.
(4) Unless it provides to the contrary, a waiver of "all rights," or equivalent language, inthe property or estate of a present or prospective spouse or a complete property settlement enteredinto after or in anticipation of separation or divorce is a waiver of all rights of elective share,homestead allowance, exempt property, and family allowance by each spouse in the property ofthe other and a renunciation by each of all benefits that would otherwise pass to him from theother by intestate succession or by virtue of any will executed before the waiver or propertysettlement.
Enacted by Chapter 39, 1998 General Session