In re Marriage of Ford, 2008 WL 1801535 (April 22, 2008) - Challenge to a prenuptial agreement in which wife claimed she failed to read the contract falls flat.
In the case of In re Marriage of Ford, 2008 WL 1801535 (April 22, 2008) (”Ford”), the California Court of Appeal First District, Division 2, heard an appeal filed by a wife who claimed she failed to read her prenuptial agreement before she signed it back in 1967.
A wise husband-attorney rejects his own prenuptial attorney’s attempts to overreach.
At the time of marriage, husband was a partner of a law firm. Wife was secretary to the president of a company. The idea of entering into a prenuptial agreement was -surprise, surprise- the lawyer-husband who had been divorced once before and felt that his first wife had “received more money in the divorce than he though she deserved.”
Especially when viewed with the benefit of 20-20 hindsight of the developed body of case law which has evolved, the husband-lawyer did some very smart things before his wife signed the premarital agreement forty years ago in 1967. By way of example, and there are many, husband insisted that wife get her own counsel back in 1967, which she did. Wife was represented by attorney Harvey Black in connection with the prenuptial agreement.
Although husband’s lawyer had initially prepared the prenuptial agreement so that it would bar wife from ever obtaining any community property interest in his law partnership’s earnings, husband insisted that his own attorney make the agreement more balanced. As a result, the agreement was modified to provide that husband’s work was to be his separate property “for a period of five years until a sum of $60,000 was reached.” Husband did obtain other significant community property carve outs; for example, the agreement allotted to husband all of the death and retirement benefits from his law partnership.
You had better read that prenuptial agreement before you sign it.
Despite having been represented by counsel, wife argued that she had not read the prenuptial agreement so she should be permitted to rescind it based on the doctrine of “unilateral mistake.” The court was not impressed with this argument.
In upholding the validity of the prenuptial agreement, the court noted that “wife signed the prenuptial agreement after meeting with attorney Black.” Moreover, the final paragraph of the prenuptial agreement confirmed that both husband and wife “were represented by counsel, that each had read the agreement, and that each had its contents fully explained to them by their counsel and were fully aware of the contents of the agreement and its legal effect.” The court also found significant the fact that wife had not only signed the agreement, but had “initialed each page of the agreement.”
At the end of the day, the Court’s decision was based on the simple fact that wife’s “failure to read the agreement constitutes neglect of her legal duty and bars rescission.” The moral of the story from Ford is simple: the “I just didn’t bother to read it” defense gets short shrift when the other spouse has been fair in the process, and made sure his fiancée was represented by counsel.