Prenuptial agreements are not always valid. It is very important to draft the agreement correctly. If you get divorced and find out that the court is just going to toss out your prenup, you lose a lot of the protections that you may have been counting on. But why...
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Prenuptial and Postnuptial Agreements
Why utilize a prenuptial agreement?
Prenuptial agreements can get a bad rap. They are often seen as a sign of mistrust between spouses. Nonetheless, this is far from the truth. Prenuptial agreements can have numerous benefits- for both spouses. Why utilize a prenuptial agreement? It creates trust...
How to talk to your child about getting a prenup
If you’ve worked hard to build a solid financial foundation for your family and grow the assets your parents left you, likely you intend for your child to inherit the bulk of them someday. You may have a business you plan for them to take over in the future. As your...
How long after marriage can a couple get a postnuptial agreement?
Postnuptial agreements, like prenuptial agreements, help couples plan how to divide their assets if they divorce or separate. Unlike prenups, couples create postnups after marriage, and some wonder when they can make one. Understanding the process and timeline for...
What are some common myths about prenuptial agreements?
A prenuptial agreement is a binding contract entered into by a couple before they get married. While the specific terms can vary, a typical prenuptial agreement addresses issues related to the division of assets, debts, spousal support and other financial matters....
Why you may need a post-nuptial agreement
A postnuptial agreement allows you to protect yourself and your assets in case of divorce. These agreements become especially relevant when significant financial changes occur within a marriage. Addressing any of these new circumstances through a postnuptial contract...
4 reasons reasons prenups get challenged
A prenuptial agreement, or prenup, is a written contract that outlines the division of assets and debts in case of divorce. While these documents can serve as safeguards for both parties, there may be situations where one wishes to challenge their terms. 1. Inadequate...
What are the benefits of a prenuptial agreement?
While love and trust are essential in any marriage, some couples may consider adding an extra layer of security by creating a prenuptial agreement. A prenuptial agreement, often referred to as a prenup, is a legally binding contract between two people who plan to...
What is the legal definition of a premarital agreement?
Texas law allows for agreements between partners prior to marriage. But these documents have to follow a certain standard to become valid. The main rule is that a couple must enter into the agreement prior to their legal marriage to make it meet the definition of a...
How do postnuptial agreements work?
Couples who do not opt for prenuptial agreements still have one option: postnuptial agreements. Though prenuptial agreements are preferable for a number of reasons, postnuptial agreements do still have their uses and can be a good tool. Postnuptial basics Bustle takes...