The current way is to use the calendar class. It has the setLenient method that will validate the date and throw and exception if it is out of range as in your example.

Forgot to add: If you get a calendar instance and set the time using your date, this is how you get the validation.

Calendar cal = Calendar.getInstance();
cal.setLenient(false);
cal.setTime(yourDate);
try {
    cal.getTime();
}
catch (Exception e) {
  System.out.println("Invalid date");
}