Family law: marriage and divorce; uniform premarital and marital agreements act; create. Creates new act.

This bill establishes the Uniform Premarital and Marital Agreements Act in Michigan to standardize how prenuptial and postnuptial contracts are created and enforced. It requires both parties to sign the agreement in writing and mandates that individuals have a reasonable opportunity to consult with their own lawyer before signing. To ensure fairness, the law also demands that each person receives a clear explanation of the rights they are giving up and an accurate financial disclosure from their spouse, unless they explicitly waive that right. The bill applies only to agreements signed after its effective date and allows couples to choose which state's laws govern their contract, provided that state has a significant connection to the agreement or the parties.