Georgetown, TX Premarital Agreements Attorney Safeguards Clients’ Interests
Experienced Texas law firm prepares enforceable prenuptial contracts
When you’re getting married, the last thing you want to think about is divorce. However, Texas records show that there are more than 70,000 divorces in the state annually, which is why it can be wise to have a premarital contract in place to protect your financial interests. We prepare premarital agreements that reflect the intentions of the prospective spouses and stand up to challenges. I work with residents throughout Williamson County so that they can establish a sense of security and reduce the likelihood of costly litigation if the marriage ends.
What is the purpose of a premarital agreement in Texas?
A premarital agreement in Texas is a legal contract that clarifies each spouse’s financial rights should they divorce and also upon the death of a spouse. Also called prenuptial agreements, they are typically used to protect assets that each party acquired prior to the marriage. They may also set forth alimony terms and shield a spouse from liability for the other’s debt. As an experienced Georgetown, Texas divorce lawyer who is board-certified in family law, I have the knowledge and background to help you understand how a premarital agreement may be benefit you and your future husband or wife.
What are the pros and cons of a prenuptial agreement?
Some of the advantages of having a prenuptial agreement should divorce occur include preventing property owned before marriage from being divided, safeguarding inheritance rights of children from previous marriages and keeping ownership of a business with the spouse who is directly involved with it. If not handled correctly, a prenuptial agreement might lead to some awkwardness, but I am committed to helping clients reach fair consensus in a respectful manner. You should also be aware that changing circumstances might affect how you feel about the terms of the agreement. For example, one spouse might agree to give up any claim of interest in the other spouse’s business, but then contribute significantly to the success of that business over the course of the marriage. My law firm will take the time to discuss the pros and cons of an agreement based on your situation and goals.
What information is needed in creating an enforceable prenuptial agreement?
Information about assets and debts must be shared freely and accurately to create an enforceable prenuptial agreement. Items that parties might want to mention specifically in the document include:
- Savings accounts
- Retirement benefits
- Stock options
- Real estate
- Cars and other motor vehicles
- Jewelry or other potentially valuable personal property
- Credit card debt
- Mortgage debt
- Student loan debt
I’ll advise you regarding the information that should be included and will draft or review your prenuptial agreement so that you can be confident it will be enforceable.
What are Texas postnuptial agreements?
Postnuptial agreements are similar to premarital agreements, but they are entered into by couples after they have wed. They typically include the same kinds of protections as prenuptial agreements. If you are considering a postnuptial agreement, I can guide you through the legal process.
Contact a Georgetown, Texas premarital agreements attorney for assistance
At Kevin Henderson Attorney at Law in Georgetown, Texas, I draft premarital and postnuptial agreements to protect the financial interests of Williamson County residents. To schedule a consultation, call my firm at 512-887-1996 or contact me online.