Frisco Prenuptial and Postnuptial Agreement Lawyer

Attorney for Marital Property Agreements in Frisco, TX

Financial matters are often one of the greatest sources of conflict in a marriage, especially for spouses who do not discuss their finances openly. When a marriage ends, this conflict can spill over into the divorce process, leading to costly, contentious litigation regarding the division of marital property. However, you may be able to mitigate conflict over finances during your marriage or future divorce by creating a prenuptial or postnuptial agreement.

Prenups and postnups have many possible uses, and at Moore Family Law, P.C., we can help you decide whether such an agreement is right for your marriage. Philip Moore has practiced law for 20 years, with extensive experience reviewing contractual agreements and representing clients in family law cases. He can help you draft a prenup or postnup that will hold up in court, or review an agreement to make sure it protects your interests.

Do You Need a Prenuptial Agreement?

It is a common misconception that prenuptial agreements are only for couples with extensive assets, or couples who fear that a divorce is imminent. While a prenup is never a legal necessity for getting married, it can be beneficial for couples in many different situations. For example, you may decide that a prenup is in your best interests if:

• You are entering your marriage with substantial real estate property,retirement savings, or abusinessof your own.
• You have children from a previous marriage or relationship, and you want to protect their future inheritance.
• You and your partner want to be protected from each other's existing debts, like student loans or credit card balances.
• You are entering your marriage with a pet or sentimental property that you want to protect.
• You want to begin your marriage with a clear understanding of each spouse's assets, debts, and financial responsibilities.

A prenuptial agreement may be updated over time as your financial situation changes. Even if you do not have a prenup before your marriage, you and your spouse can create a postnuptial agreement during your marriage if you decide it is necessary. A postnup can be beneficial if, for example, you start a new business during your marriage, or if you or your spouse comes into an inheritance.

Terms to Include in a Texas Prenup or Postnup

If you do choose to create a prenuptial or postnuptial agreement, you can consider including some or all of the following provisions:

• Designations of community property and each spouse's separate property
• Property use rights for each spouse during the marriage
• Property division and spousal maintenance arrangements in the event of a divorce
• Rights to life insurance policy death benefits for one or both spouses
• Estate planning arrangements to carry out the terms of the agreement in the event of a spouse's death

It is often a good idea for each spouse to review a prenuptial or postnuptial agreement with their attorney before signing. We can recommend modifications or additional provisions to better protect your interests, as well as help you ensure that you have all of the information you need about your partner's finances. We can also help you avoid terms that would invalidate your agreement, whether because they would put one spouse at an unconscionable disadvantage or interfere with a child's best interests or right to support.

Contact a Dallas County Prenup and Postnup Attorney

Entering into a prenuptial or postnuptial agreement is an important decision, and you may benefit from the advice of an experienced attorney. If you are looking for help or guidance, contact our office today by calling 214-764-8033 and schedule your initial consultation. We serve clients throughout North Texas, including Collin County, Dallas County, Denton County, Tarrant County, Hunt County, Sherman County, Rockwall County, Frisco, McKinney, Plano, Dallas, Prosper, Denton, The Colony, Little Elm, and the surrounding areas.