Getting engaged is an exciting time, and no one wants to even consider the possibility of divorce. But now is also the time to talk to both your partner and to a family law attorney in Spring, TX, about a prenuptial or premarital agreement.
A lawyer will generally recommend a prenuptial agreement if either partner comes into the marriage with either substantial personal assets or a much greater earnings potential. A prenuptial agreement is drafted by an attorney and it lists all your property, including homes, businesses, stocks, and bonds. A prenuptial agreement also lists each party’s debts. In the agreement, it is agreed to in advance, how property, debts, and payment obligations will be addressed in the event of a divorce. Your family attorney will then specify how these issues will be handled by the parties should divorce be found to be inevitable. Your attorney will also include a provision noting whether spousal support will be paid upon divorce.