Articles Posted in Marital and Prenuptial Agreements

Some of the Key Aspects of Prenuptial Agreements
If you’re planning to get married, you’ve been probably advised to secure a prenuptial agreement before getting hitched. Prenuptial agreements are created to set the provisions in case separation or divorce happens in the future. It covers:

The Line between Separate and Marital Property

Since the court will automatically split all your assets in half upon separation, prenuptial agreements give you the right to decide what happens to your marital property after the marriage ends. You can also protect your own assets from being benefited from by your spouse through a prenuptial agreement.

The Stigma about Prenuptials: Why It Could Be a Thing of the Past
After you get engaged, your mind is usually set on planning your wedding. It’s the next natural thing to do, after all, and when you’re in love, you don’t want to think about anything else other than marrying the love of your life. Unfortunately, there are realities that come with marriage, one of which is the fact that it might end at some point. For many years, a prenuptial agreement has been frowned upon by many couples because of the negative implication that a marriage could end. But today, millennial couples are not only making the extra effort to make the marriage work, but they’re also being more practical when it comes to finances.

A Prenuptial Agreement is a Wise Financial Decision for Couples

There was a time when prenuptial agreements only protected the party with more money, the husband in many cases, and started the stigma about prenuptial agreements. But millennials are showing more practicality, especially since both the man and woman are earning their own money.

A Guide to Making a Prenuptial Agreement
There’s this assumption that only the wealthy seek prenuptial agreements in order to protect assets. That is not the case as many other couples opt to do a prenup for different reasons.

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Frisco divorce lawyerAre you planning to get married in the near future? If so, have you considered entering into a pre-nuptial agreement with your future spouse or has he/she suggested that you do so? For some people, the idea of signing a pre-nuptial agreement is akin to giving up on the marriage before the ink is even dry on the marriage decree. While this reaction is understandable, there are a number of practical reasons why you might want to consider a pre-nuptial agreement that have nothing to do with your belief in the longevity of your impending marriage. A Frisco divorce lawyer explains what a pre-nuptial agreement covers and why you might want to enter into one.

What Is a Pre-Nuptial Agreement and What Can It Cover?

A pre-marital agreement is an agreement between prospective spouses made in contemplation of marriage and to be effective on marriage. In the State of Texas, the Uniform Pre-Marital Agreement Act, or UPAA, governs the creation and enforcement of pre-marital agreements. According to UPAA, a pre-marital agreement may cover:

Need a Pre-Marital AgreementOnce upon a time, the mere mention of the term “pre-marital agreement” typically sent a prospective bride (or groom) running in the opposite direction from the alter. The reason for this was found in the negative perception most people used to have with regard to the reason why a pre-marital agreement might be needed. In recent decades, however, the negative connotation once associated with a pre-marital agreement has all but disappeared, leading to increased use by couples planning to marry. If you are planning to be married in the near future you may be wondering why you would need a pre-marital agreement.

A pre-marital agreement is an agreement between prospective spouses made in contemplation of marriage and to be effective on marriage. In the State of Texas, the Uniform Pre-Marital Agreement Act, or UPAA, governs the creation and enforcement of pre-marital agreements. According to UPAA, a pre-marital agreement may cover:

· the rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located;

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