Prenuptial Agreements in Texas
A premarital or prenuptial agreement is sometimes cynically considered to be a blueprint for divorce. Instead, a premarital agreement is one of the most practical agreements you and your fiance can enter into. With financial misunderstandings being a major cause of divorce, engaged couples who enter into premarital agreements actually take a positive step toward preventing future financial issues. At its elemental level, a premarital agreement puts everything on the table, and establishes rules for the management of assets and property. Through the process of creating a premarital agreement, many couples begin talking about monetary issues in a comfortable, non-threatening manner, which can ultimately strengthen a marriage.
At The Law Offices of Sharita Blacknall, we help clients draft a premarital agreement both parties are happy with. In our consultation, we ask couples to consider their previous marital history, property, assets and debt that they are bringing to the marriage. The agreement establishes rules to specify what happens to investment earnings, each spouses' earnings, how taxes will be handled, what will happen in the event of a spouse's death, and other relevant issues. Before your marriage is also a good time to begin thinking about estate planning, drafting Wills, asset protection and other future financial matters.
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