Protecting Your Marriage With A Prenuptial Agreement
Getting married is a major milestone in your life. You deserve to find happiness with your partner and take the steps to build your life together. While it’s sure to be an exciting time, there are important details you should consider as you begin your journey as a married couple, particularly regarding your assets.
No one wants to think they’ll ever get divorced. However, divorce is common across Texas and the United States, and some marriages don’t survive. The best way to avoid the complications of a potential divorce is to take preventive measures prior to marriage, including creating a prenuptial agreement.
At Ward & Myers LLP, our experienced family law attorneys understand there’s a societal stigma around prenups. However, if you’re concerned about protecting yourself during marriage, we can help dispel common misconceptions and build a strong prenuptial agreement that will be there for you when you most need it.
Understanding The Benefits Of A Prenup
Many people believe that prenuptial agreements are only for wealthy couples or that by creating a prenup, your relationship is weak and untrustworthy. Some people even consider prenuptial agreements to be unromantic. These misconceptions are common and entirely untrue. Any Texas couple can seek a prenup, regardless of their financial status, and it’s not a sign of a weak relationship. In fact, we believe that creating a prenup shows that you and your partner are responsible and willing to discuss important issues regarding your future together.
A prenuptial agreement is a legal document that allows couples to:
- Identify how to protect assets during the marriage such as for inheritances, businesses or other significant assets
- Outline how to divide assets in the event of a divorce
- Negotiate terms for spousal support in the event of a divorce
- Help avoid going to court in case of a divorce
By drafting a prenuptial agreement, you can feel more confident about your financial security as you move forward with your marriage. Our lawyers can help you review and create a strong prenup that prioritizes your goals and protects your rights.
What Is A Postnuptial Agreement?
Postnuptial agreements are similar to prenuptial agreements; however, they are created after a couple is married. You and your spouse may not have created a prenup before your marriage, but you may find the need to draft a postnuptial agreement somewhere down the line. A postnuptial agreement also allows you to outline how to handle assets during a divorce or negotiate terms of spousal support.
Many Midland couples use postnuptial agreements if they have gained a significant asset during marriage such as coming into an inheritance or establishing a new company. By creating a postnuptial agreement, you can identify how to handle these large assets and keep them protected in case of a potential divorce.
Schedule A Consultation Today
Whether you’re interested in a prenuptial or postnuptial agreement, our Texas family law attorneys can help you take the necessary steps. These tools exist to protect your interests and minimize the stress of a divorce. We’re here to draft a strong agreement that will support you when it’s most necessary.
Call us today at 432-315-0335 to schedule a consultation or email us online.