Postnuptial Agreement Lawyers Dallas, TX
While their profession might seem counter this, a postnuptial lawyer in Dallas, Texas truly understands that marriage is meant to a special time for a couple. There is laughter and love, kindness and smiles. Many couples understand the fact that half of all marriages in the United States end in divorce. But they don’t take preventative measures.
Despite knowing there is a fifty fifty chance they will divorce, the couple thinks they’ll be part of the half that stays together. As a result, they don’t seek advice or counsel on a prenuptial agreement. Instead, they jump into the marriage with both feet mixing everything each of them brings to the union.
Prenuptial agreements are best
Putting together a prenuptial agreement is recommended. With a prenuptial agreement, you have the ability to keep completely separate each others assets and liabilities.
The benefit to doing this before marriage is that you have not yet mixed any assets or liabilities together. Doing so creates complications when trying to separate.
Postnuptial agreements provide other options
Once you’re married, you’ve started mixing your assets and liabilities with those of your spouse. Those are now marital assets, as a Dallas, TX postnuptial agreement lawyer can explain.
Your postnuptial agreement should cover several items, at minimum:
- Division of assets
- Retirement benefits
While a prenuptial agreement will cover similar topics, postnuptial agreements create a grey area. Because assets have been mixed, it can be more challenging to determine which assets belong to which spouse.
Where postnuptial agreements shine
Postnuptial agreements are also a great tool to help a couple who has a substantial change in circumstances. Maybe you have a relative who dies and they leave you a family heirloom. While you have every intent for your marriage to last, you want to be absolutely certain that heirloom stays with your family.
You can have a postnuptial agreement lawyer in Dallas, TX create your postnuptial agreement to ensure that family heirloom stays with your family. This is a common practice for couples. It’s easy to keep a single asset separate and distinct from the rest because it hasn’t been mixed with the marital assets yet. But waiting too long will change that and make it more difficult to keep that family heirloom separate.
You need to be ready
Everyone expects their marriage to last. It’s good that you go into a marriage with that intention. But it’s also good to prepare – prepare for the worst and hope for the best.
Just because you have a postnuptial agreement doesn’t mean you need to constantly think about it or ever use it. But it does mean that you’re prepared. And preparation is key. Whether you need a postnuptial agreement for all of your assets or for just one family heirloom, we can help.
At Brandy Austin Law Firm PLLC, our postnuptial agreement lawyers in Dallas, TX can help you prepare. It’s never too late to begin the process. It may not be a conversation you want to have but maybe it’s a conversation you need to have.
Contact us today at Brandy Austin Law Firm, PLLC to discuss how we can help you and your spouse be completely prepared for whatever life throws your way.