Silverman v. Silverman

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In 1997, David Silverman (“Husband”) and Michelle Silverman (“Wife”) signed a premarital agreement covering their financial affairs if they divorced or died. They married in 1997 and divorced in 2015. In the post-divorce property settlement, Husband sought to enforce the premarital agreement. The Family Court applied the statute governing premarital agreements and found that, although Wife voluntarily entered into the agreement, the disparity in wealth made the agreement unconscionable. Also, according to the Family Court, Husband failed to provide a fair and reasonable disclosure of his property or financial obligations before Wife signed the agreement. The court refused to enforce the agreement. The Delaware Supreme Court accepted Husband’s interlocutory appeal of the Family Court’s order, and determined under the premarital agreement statute, unconscionability alone did not invalidate a premarital agreement. Wife also had to prove that Husband did not provide a fair and reasonable disclosure of his property or financial obligations. Because the Family Court erred when it found Husband’s financial disclosure insufficient, the Supreme Court reversed and remanded to the Family Court to enforce the premarital agreement. View "Silverman v. Silverman" on Justia Law