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Is a prenuptial agreement in Texas a good idea?

| Jul 3, 2020 | Divorce, Property Division |

When a Texas couple gets engaged they are typically excited and full of happy thoughts about their future spouse and their future. These are exciting times for a couple filled with wedding planning, dress shopping, vendor interviews, etc. But couples should also think about their financial future and how they should protect it. There are many people in Texas who should consider drafting a prenuptial agreement before they walk down the aisle.

For many Texas couples, the idea of a prenuptial agreement does not seem very romantic. A couple goes into a marriage thinking that it will last forever. This is the case sometimes but occasionally the marriage ends in a divorce. There are many reasons why a prenuptial agreement makes sense in protecting a person’s financial future.

A prenuptial agreement can greatly reduce the stress in a divorce proceeding. Assets that are owned by either party before the marriage can be protected by the prenuptial agreement by being a written record of what each spouse owned before the marriage. A prenuptial agreement can also protect an interest in a business. A prenuptial can also set a level of alimony or support for after a divorce.

For those coming into a marriage with assets, children, or a business, a prenuptial agreement can be a good idea. Although a couple believes their marriage will be the one that lasts forever that is not always the case. Having protections in place can ensure a person’s livelihood is protected. A legal professional who specializes in family law can help a person draft a prenuptial agreement that makes sense for their situation and protects their future.

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