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Not having a prenuptial agreement can be a mistake

Newly engaged Houston couples are full of joyful anticipation of their upcoming nuptials. Couples may spend several months and thousands of dollars planning this joyous occasion. Dress shopping, flowers, cake, venue selection and many other details can occupy a couple's life. Although not nearly as romantic as selecting ceremony music, a prenuptial agreement may also be a very important item to plan in the event of a future divorce.

There are many reasons why a prenuptial agreement may be a good idea for a couple. Couples who have children from previous marriages, couples who are older and have significant assets, those who anticipate having significant income in the future and other couples can benefit from a prenuptial agreement.

If a couple does not have a prenuptial agreement, many different complications may arise during a divorce or death of a spouse. If a couple has children from a previous relationship, those children may not receive their inheritance because the new spouse may automatically receive it. A prenuptial agreement can allow a spouse to waive their right to part of the estate.

Younger couples can work out an agreement on student loan repayment. A plan can be created for how a person's student loan payments, or other debt, should be handled. Also, if children may be in the couple's future, a plan for how a spouse should be compensated if they leave the workforce to care for the children can be drafted.

A legal professional skilled in family law can help a person draft a prenuptial agreement that works for their unique situation. Although a prenuptial agreement may not be romantic, it can help a couple feel secure in their future.

Source: The Huntsville Item, "Not having a prenuptial agreement may sink Captain Jack Sparrow," Sam A. Moak, June 12, 2016

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Attorney Christine K. Lincoln

Christine K. Lincoln offers sound counsel and legal services to protect clients and their families facing divorce and other family disputes.

She will take the time to understand your individual needs and develop a comprehensive solution to protect your rights and interests.

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