What You Should Know About Prenuptial And Postnuptial Agreements
In a previous era, any discussion of prenuptial agreements was discouraged and considered shameful. Marriage was supposed to be forever; divorce simply wasn’t supposed to happen. Obtaining a prenuptial agreement was tantamount to announcing a divorce. Today, however, prenuptial and postnuptial agreements are commonplace.
Couples who are interested in learning more about prenuptial and postnuptial agreements should speak to an experienced Dallas family lawyer at Williamson Law Firm. If your fiancé or fiancée has asked you to sign a prenuptial or postnuptial agreement, have one of our attorneys review the agreement before you sign it.
Why Get A Prenup Or Postnup?
Prenuptial and postnuptial agreements are used by couples today for several reasons. High divorce rates over the last half-century mean that many people have entered into second marriages — usually with a more practical and less idealistic attitude than they had entered the first marriage. There’s also been an increasing tendency over the last two or three decades for people to delay marriage until they are financially stable and established in their careers.
What Is A Prenuptial Agreement? How Does It Work In Texas?
A prenuptial agreement is a financial and legal contract created by prospective spouses with the help of a family law attorney in Texas. Prenups deal with matters that often become disputed in the event of a separation or divorce: division of property, life insurance benefits and even spousal maintenance, for example. A prenuptial agreement typically decides how property and assets will be divided in case of a divorce or one spouse’s death.
The only limit to a prenuptial agreement in Texas is that agreements related to children may not be included. However, children from a previous marriage can be financially protected.
Do I Really Need A Prenuptial Agreement?
When the date of a wedding ceremony is rapidly approaching, talking with your spouse-to-be about a prenuptial agreement may feel awkward. After all, a marriage commitment is supposed to last for life. Of course, many marriages are not permanent. Thus, a prenuptial agreement protects both partners, and each partner can have it reviewed by an attorney before signing. It’s actually a smart move for both partners in these uncertain, unpredictable times.
At Williamson Law Firm, we understand the sensitive yet important nature of a prenuptial or postnuptial agreement. Our family law attorneys have the legal knowledge to draft an agreement that protects you and your interests as well as your partner and your partner’s interests.
What Is A Postnuptial Agreement?
For all practical purposes, a postnuptial agreement is basically the very same kind of document as a prenuptial agreement, except you create a postnuptial agreement after the marriage rather than before.
Like a prenuptial agreement, a postnuptial agreement typically decides how property and assets will be divided in the event of a divorce or a spouse’s death. Additionally, a postnuptial agreement may also decide how the debts of the marriage will be handled and whether alimony will be paid in the event that the spouses choose to divorce
A postnuptial agreement may be appropriate in several circumstances:
- When there is a substantial change in assets during a marriage
- To divide assets, properties, and debts in advance and/or in anticipation of a separation or divorce
- To provide both spouses with peace of mind.
In some marriages, one spouse’s bad behavior or extravagant spending might prompt the other spouse to ask for a postnuptial agreement. But even when spouses are happily married, a postnuptial agreement can help clarify their assumptions and understandings by designating each partner’s personal property, responsibilities and rights.
Why Let Williamson Law Firm Create Your Agreement?
- Award-Winning Lawyers
We help create prenuptial agreements, postnuptial agreements and help with all matters of family law.
- Top Family Law
Williamson Law Firm provides honest legal insights regarding prenuptial and postnuptial agreements in North Texas.
- 25 Years Of Experience
Our attorneys have worked endlessly to earn every legal award they’ve received, including all of the positive reviews.
- Here To Help
If you need a prenuptial or postnuptial agreement drafted, reviewed, amended or enforced, a knowledgeable family lawyer.
Get A Consultation About Prenups Or Postnups
In the Dallas area or anywhere in North Texas, if you need to have a prenuptial or postnuptial agreement drafted, reviewed, revised or enforced, or if you have questions or concerns about any prenuptial or postnuptial agreement or any other matter of family law, contact Williamson Law Firm at 469-385-3305, or fill out our online contact form.