Pre-Nuptials in Houston
What is a Pre-nuptial agreement
A pre-nuptial agreement is a contract entered into by two people prior to marriage. It generally lays out provisions for division of property and spousal support, in the event of divorce or death. The agreement must be in writing and be executed voluntarily. There needs to be full disclosure of assets between both parties and the agreement must be fair and just. Pre-nuptial agreements are recognized in all 50 states. Texas is one of 9 community property states and the agreement must strictly comply with the laws governing such matters.
While it may be a difficult subject to approach, a pre-nuptial agreement can be of great benefit in protecting both parties if the marriage comes to an end. You do not have to be wealthy to need a premarital agreement. You have worked long and hard to accumulate your assets and have the right to protect them. A Houston pre-nuptials attorney can represent you to ensure you are not being taken advantage of.
Benefits of a Pre-nuptial Agreement
When two people have made a commitment to each other, it is hard to imagine the end of that union. Unfortunately, divorce is very prevalent in our society. Couples that do not have a pre-nuptial agreement leave themselves open to having their assets divided by the state. Having your financial future determined by a third party is not an optimum situation.
A premarital agreement can protect the inheritance of children and grandchildren from a prior marriage. It can see to it that you are not obligated to take on your spouse's significant debts, and it can protect your business interests in the event of divorce. At Clausell Law Firm, we will work one-on-one with you to help ensure that your rights are protected under the law. In this way, you can begin your marriage with peace of mind.