Protect Your Assets With Prenuptial And Postnuptial Agreements
One way to avoid a contentious divorce is to settle any potential issues ahead of time with a marital agreement. Such agreements are known as “prenuptial agreements” when made prior to marriage. They are known as “postnuptial agreements” or “antenuptial agreements” when made during a marriage or prior to a divorce. Because such agreements allow spouses to partition their community estate into two separate entities, they are sometimes called by another name: “partition agreements.”
At Criss Law Group, PLLC, in Dallas, Texas, we routinely assist both married and divorcing spouses in drafting, executing and enforcing marriage agreements. In doing so, we have helped our clients save money and expensive legal and court fees by avoiding trials in divorce court.
Setting Conditions, Avoiding Future Conflicts
Whichever name is used to describe them, marital agreements set legally binding conditions for how assets are handled during a marriage or after its dissolution. As a result, these agreements can be useful to people who want to:
- Determine how their property will be divided after their divorce, death or incapacity
- Prevent a judge from deciding how mutual assets will be divided
- Protect money, property and other assets for their children from earlier relationships
- Keep a family business after a divorce
- Determine who will pay various bills, taxes and other debts acquired during the marriage
Perhaps most importantly, a marriage agreement can set binding conditions for how disagreements will be resolved, such as through arbitration or mediation.
For More Information
Although legal separation does not exist in Texas, it is possible to get a separation agreement during a marriage or prior to a divorce. Such agreements are very similar to other agreements discussed on this page.