What You Should Know About Prenuptial & Postnuptial Agreements
No one wants to think that his or her marriage may end in divorce, but the fact is that many engaged or married individuals have good reason to enter into a prenuptial or postnuptial agreement. Our article on prenuptial agreements outlines the benefits to these documents in great detail, and can help you to decide whether or not it may be right for you. Even an ounce of prevention could help you in the long term.
To schedule a consultation with prenuptial agreement lawyers in Grapevine, contact the Teller Law Firm, P.C., at 817-612-4298. Our goal is to protect your rights and interests for the unknown future.
Professional Support Through Texas Family Law Matters
A prenuptial agreement will streamline the division of property in the event that your marriage ends by designating property that would otherwise be community property as separate property (or vice versa), and/or by outlining the division of community property. A postnuptial agreement, also called a “partition and exchange agreement,” is entered into after you have been married, either as the result of some changed circumstance or in anticipation of divorce. These agreements may also provide for a limitation on (or elimination of) spousal support and attorneys’ fees.
Postnuptial and prenuptial agreements are particularly beneficial when you:
- Have accumulated significant assets, property and investments
- Are entering into a second or third marriage
- Have children from a previous relationship
Attorneys Donald and Anna Teller will help you create agreements that set forth which property belongs to who and how community property is to be distributed.
Prenuptial and postnuptial agreements give you a degree of control over the situation, preventing a judge from making this decision for you and preserving the wealth you have accumulated instead of seeing it depleted by attorneys’ fees in an extended disagreement over classification and division of marital property.
Although very useful in dividing property, prenuptial and postnuptial agreements regarding child custody and support are not legally enforceable.
Marital Property Law Firm With Experience In Postnuptial Agreements
The attorneys at the Teller Law Firm, P.C., will listen carefully to your questions and concerns regarding postnuptial and prenuptial agreements. Schedule a consultation by phone at 817-612-4298 or email.