If you are getting married in Texas, a prenuptial agreement can be an important part of planning for your future. Call a Texas family law attorney to learn more.
Forming a prenuptial agreement may not sound especially romantic. What is more, you may be under the impression that a prenuptial agreement is only designed for high-asset individuals and couples. The truth is, though, that nearly all couples who are about to tie the knot may benefit from the planning and peace of mind that a prenuptial agreement offers. To learn more about prenuptial agreements and why they are advantageous, call the office of John Powell III, P.C. today.
The Advantages of a Prenuptial Agreement
Forming a prenuptial agreement is about planning for your future and protecting the best interests of both you and your spouse-to-be. When you form a prenuptial agreement, you and your partner can take comfort in knowing that there is no confusion about what will happen to property or assets in the event of a divorce or death of either party. Indeed, a prenuptial agreement can be used to ensure that children from another marriage are provided for, that a spousal support award (in the event of a divorce) is fair and just, and that both parties are protected from liability from the debts of the other. In the event that divorce does happen in the future, having a prenuptial agreement will mitigate future conflict and disagreement about how property should be divided.
What is Included in a Prenuptial Agreement?
A prenuptial agreement can be used to address most financial issues. For example, a prenuptial agreement might include information about spousal support, splitting a family business, distribution of assets, protection from debt, division of property, etc. in the event of a divorce. It might also include information about who is responsible and permitted to make financial decisions throughout the course of the marriage, such as buying or selling real estate. A prenuptial agreement cannot be used to address child custody and cannot include anything illegal or unconscionable.
Working with a Lawyer to Create a Prenuptial Agreement
If you are thinking about creating a prenuptial agreement, it is best to start by having an honest conversation with your spouse and the benefits of doing so and your intent. From there, you should work with an attorney; never create a prenuptial agreement without legal representation. An attorney will not only make sure that the agreement is fair and valid but will also make sure that all assets and elements are accounted for.
Call Our Texas Prenuptial Agreements Attorney Today
At the law office of John Powell III, P.C., our Texas divorce attorney knows how important a prenuptial agreement may be for your future. When you call our law office, our family law attorney will work hard to make sure that your prenuptial agreement is drafted to meet your needs and protect your interests. Reach out to our law firm directly today to schedule your consultation and get answers to your questions.