Georgetown Prenuptial Agreement Lawyer
The divorce rate is about 50% in the USA. This means that for every 10 couples you know, about 5 of them will be divorced. Could you be one of the 5 who will be divorced? Consider this: a prenuptial agreement can be a benefit to you and your spouse if in case you end up divorced. On the other hand, if you don’t get divorced, then the prenuptial agreement doesn’t harm or hinder your marriage in any way.
Marriage can be a joyful union of two people who will live happily ever after. Marriage is also a legal contract between two people and as such, why not make the contract crystal clear before you launch into the relationship? A prenuptial agreement is a tool for couples to protect existing and future assets. Avoid disputes and hassle by drafting a prenuptial agreement before you get married.
A prenuptial agreement is appropriate for anyone who owns property, has retirement funds, or expects to have these things in the future – basically, almost everyone will fall into this category. People who have divorced once already know that a prenuptial agreement is a smart thing to have. It makes dividing property more straight forward with no (much fewer) surprises.
To draft a prenuptial agreement, couples need to agree in advance how their property will be managed in case they get divorced. Even if you don’t get divorced, a prenup will help you formally express what is mine (separate property) and what is ours (community property). Things that you already own are easy to establish as “mine”, but what happens to new purchases and inheritances that were given to you? Are those separate property or community property? A prenuptial agreement can have all these details placed in writing before marriage. A prenuptial agreement can also define how a couple will provide for one another in the event of death.
Already married? It’s not too late, you can draft a postnuptial agreement. This is a similar document except it is created after marriage. Pre – and post- nuptial agreements are enforceable in the court of law.