Dallas Prenuptial Agreement Attorney
A prenuptial agreement, commonly known as a “prenup”, is a legal agreement made between a couple before they tie the knot. Prenups outline how assets, debts, and property will be divided in the event of a divorce. Even though no one enters a marriage expecting to get a divorce, 15% of Americans who were married or engaged in 2022 reported that they signed a prenup, up from only 3% in 2010.
Important Reasons to get a Prenuptial Agreement
- If you have children from a previous marriage. A prenup will protect your assets for the children of both marriages in the case of divorce or death.
- You make significantly more money than your partner. A prenup will limit the amount of alimony you pay if the marriage ends. It also ensures that your partner is marrying you for love and not for your money.
- You make significantly less money than your partner. A prenup doesn’t just protect the person with more money, it can be used to establish spousal support for the person with less money.
- Protect one spouse from the other’s debt. If your spouse has a large amount of debt, it protects you from having to pay off those debts if the marriage ends and vice versa.
- In the event that you and your spouse decide to get a divorce, having everything already laid out and agreed upon will limit the stress and that a divorce settlement can involve.
These are only a few examples of why a prenuptial agreement is important and beneficial to both parties. There are an infinite amount of reasons why you and/or your spouse would want to sign a prenup.
Do I Need a Lawyer for a Prenuptial?
While it is not required by law to have a lawyer when drafting a prenuptial agreement, it is highly encouraged to seek legal advice to ensure that your rights are protected and that the agreement is legally enforceable. An experienced Dallas family lawyer from Wilson Whitaker Rynell can help ensure that the prenup is fair and reasonable, meets the legal requirements, and adequately addresses all the issues that may come up in the event of a divorce.
