Postnuptial Agreements in Spring
Accounting For Changes in Your Marriage
When you first enter into your marriage, there are a variety of subjects
that you might not have discussed or thought about, such as what happens
to you or your partner’s assets in the event that you decide to
prematurely end your marriage. During your marriage, you and your spouse
will undoubtedly gain assets, property, and may even have children and
such changes can/will come into play in the event that you and your spouse
decide to separate.
Because Texas is a community property state, it can be extremely difficult
to divide property following a separation if you don’t have a prenuptial
or postnuptial agreement in place as it is extremely difficult to fairly
divide assets obtained during a marriage. To help you avoid this scenario,
our Spring family law attorneys at The Law Office of Bryan Fagan often
recommend that you and your spouse have a postnuptial agreement drafted
following your marriage.
What is the Purpose of a Postnuptial Agreement?
While a prenuptial agreement is traditionally put into place prior to a
marriage to outline certain criteria for assets obtained prior to your
marriage, a postnuptial agreement is established once your marriage is active.
Postnuptial agreements often account for major changes, such as:
- Having children
- Changing careers
- New financial circumstances
- Changes in employment status
It’s Not About Trust
At The Law Office of Bryan Fagan, we know that there is a stigma surrounding
both pre and postnuptial agreements as many people mistaken believe these
legal documents show that you and your spouse do not completely trust
one another. This is entirely untrue. Neither of these agreements signal
that your marriage is in trouble or is going to end, rather these agreements
simply provide a clear legal means of dividing your marital property.
To learn more about postnuptial agreements, we suggest that you schedule
an in-person consultation with our Spring family law attorneys by calling