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Prenuptial Agreements Archives

Prenuptial agreement can lead to peace of mind

Millennials in Texas, like so many generations before them, have traits that are unique to them. Maybe because they have seen so many changes in their young lives they seem to have more unique traits than prior generations. They don't know about life before the internet and few of them remember a time before smart phones. They are a very entrepreneurial generation and are choosing to marry later. In addition, more of them are getting married with a prenuptial agreement in place.

Prenuptial agreement helps with death or divorce

Virtually every Texas marriage will end with either death or divorce. In either case, assets will need to be distributed and bills will need to be paid. Exactly how this will occur can be addressed ahead of time. In fact, many couples choose to handle these issues through a prenuptial agreement prior to marriage.

A prenuptial agreement can be an asset to the marriage

Roses and diamond rings are symbols of love and one's future together. But, roses die and the shiny diamond can lose its sparkle. While these symbols often remind the Texas couple of the love they share, they should also remind them that the future can be uncertain, and they need to plan for what may lay ahead. In some cases, it may be wise to consider a prenuptial agreement as a part of planning for the future.

A new kind of prenuptial agreement for the modern era

Many Texas residents, especially those considering marriage, or those who are already married, may be familiar with common issues that need to be discussed before two lives become a shared one. A prenuptial agreement is commonly defined as a contract in contemplation of marriage concerning the ownership of their respective assets should the marriage come to an end. In the past, these agreements generally indicated hammering out ownership of physical assets, such as property or finances. This is still the case, but with an added twist for the Facebook generation.

A prenuptial agreement doesn't have to be stressful

When the word "marriage" begins to become a mainstay in conversations for young Texas couples, the bliss and excitement can often outweigh the serious need to talk about finances, both present and future. The very idea of sharing everything with a person one feels is his or her soulmate could cloud honest truths that can lead to financial and emotional disaster later down the road. Speaking with one's betrothed about money, assets and the idea of a prenuptial agreement may be a wise choice to helping couples develop a closer bond and preserving the couples' financial future should a divorce loom on the horizon.

Divorce after a short marriage and splitting the marital assets

Many issues, both inside and outside of a marriage, can lead a couple to separate. Whatever the reason, a divorce can be hard for some and an escape hatch for others. One Texas man is questioning his financial future after his wife of two years asked for a divorce. He is unsure of the exact reason, but feels he was financially used to help his soon-to-be ex-wife wipe out her student loans and other significant debts. The man now fears for his retirement and home.

A prenuptial agreement may not be upheld if a friend weds couple

As the world embraces the advances that technology has fostered, many Texas couples are opting to have their marriage vows performed by a friend. It is now easier than ever for almost anyone to be ordained online, and more millennials who do not identify with a particular religion are opting for this now-popular option. Many fail to realize the potential consequences of such a choice and may find that their marriage and prenuptial agreement may not be valid.

Divorce, remarriage and adult children

As seniors in Texas and across the country are learning, people outliving one or more spouses is becoming more probable, leaving many seniors with the opportunity to invest in new relationships later in life. Even a divorce later in life can leave the space to find another soul mate. But finding another partner so late in life has drawbacks, and the adult children from previous relationships may see the new spouse as a means to diminish their inheritance.

Understanding how a prenuptial agreement works with assets

Finding what seems like one's soulmate is often an exceptional event on one's life. Getting married is often soon to follow, and thinking about a possible future divorce is usually far from one's mind. Planning for the unexpected and unfortunate can often create a sense of peace and closeness, especially when Texas couples agree on the steps to be taken and plan together accordingly. Seeking a prenuptial agreement can help couples to understand how their financial future would look like should the unthinkable happen.

What happens to the family pet during a divorce?

Relationships dissolve for many reasons. When a couple reaches the decision to seek a divorce, understanding how property amassed during the marriage will be distributed can often throw a calm and amicable separation into an emotionally heated debate about who gets what. This can include the family pet that many Texas residents consider a member of the family. With the recent surge in pet custody issues, many soon-to-be divorced couples want to know what will happen to the beloved family pet.

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