Texas is a community property state. What does this mean for an individual who is experiencing divorce? It means that all property that was acquired during the course of the marriage — from homes and vehicles to bank accounts and 401(K)s — will be divided between the parties. While no one enters into a marriage planning on divorce, a prenuptial agreement can be a viable option for protecting the assets you acquired prior to and during your marriage should divorce become a reality. At The Lincoln Law Firm, PLLC, we provide attentive legal help to people who are interested in learning more about prenuptial agreements and postnuptial agreements.
Are you weighing your options and deciding if a prenuptial or postnuptial agreement fits your needs? Call our firm today at 832-478-6750 to schedule your consultation. You can also fill out a contact form and someone from our firm will be in touch with you promptly.
How does a prenuptial agreement differ from a postnuptial agreement?
Both agreements are designed to protect a person's assets during the property division proceedings of a divorce. As the names suggest, a prenuptial agreement is entered into prior to marriage and a postnuptial agreement is entered into at any time during the marriage. Both types of agreements can provide directives for the distribution of property, assets and even debts during divorce proceedings. While Texas is a community property state, your prenuptial or postnuptial agreement can provide for a division of your property according to your wishes.
So how do you know if a marital agreement is right for you? The best way is to discuss your concerns with attorney Christine Lincoln. Some people may consider a prenuptial agreement when they have been married before and have children from previous marriages. Others who marry later in life and have accumulated assets may consider a prenup as well. Postnuptial agreements may fit people who did not have time before the wedding to draft the agreement or those who have undergone a change in the relationship.
To arrange your consultation and learn your options, contact our firm today.
Monday-Thursday 8:30 a.m.-5:00 p.m. and Friday, 8:30 a.m. - 12:00 p.m. Please be advised the firms' hourly rate applies to the initial consultation.