In this case, a couple had a prenuptial agreement stating that each spouse waived their statutory elective share, but they also agreed that each would take one-third of the other’s net real property interests at the time of death. (“waiving elective share” means giving up the right to claim a portion of the other’s estate upon death).
After 24 years of marriage, they amended their prenup. The new agreement, which they called a “partial revocation,” kept the elective share but removed the right to one-third of the other’s property. In short, the wife would get less when her husband died with this new amendment.
The wife received some immediate financial benefits in exchange for signing this new agreement. However, after the husband passed away, she challenged its enforceability.
Basically, the Iowa Supreme Court said that if you’re already married and have a prenup, you can’t make a new agreement about your potential inheritance rights in each other’s property. You can cancel your original prenup, but you can’t replace it with a new one while you’re still married.
Roberts v. Roberts as trustee of W. David Roberts Revocable Tr., .6 N.W.3d 730, 738 (Iowa 2024).