Experienced Postmarital Agreement Attorney In Dallas
Post-marital agreements are similar to premarital (or prenuptial) agreements in both scope and purpose. They can address issues such as property division, spousal support, inheritance rights, and more. Often, these agreements are used to convert community property into separate property, or vice versa. A knowledgeable Dallas Postmarital Agreement Lawyer can help ensure the agreement is properly drafted and enforceable.
Post-Marital Agreements – Partition and Exchange Agreements – Postnuptial Agreements
Post-marital agreements are entered into by married couples after they have been married for a period of time but before separation or divorce. Technically known as “partition and exchange agreements,” they can serve as an important estate planning tool by facilitating the efficient transfer of assets upon the death of a spouse. They may also help simplify property and financial issues in the event of a divorce.
Streamlining the Divorce Process
Unless the post-marital agreement is found to be legally unconscionable by a Texas court, the contract will be respected under Texas law even if a spouse later finds the agreement to be unacceptable to them. A valid post-marital agreement can streamline a divorce proceeding, since the property issues will have already been decided by the contract.
With a post-marital agreement in hand, a divorce becomes a relatively simple matter for the divorcing parties, leaving the only real issue before the divorce court to be those involving child support and child custody issues (e.g., child support cannot be contractually agreed upon in Texas).
Dallas Postmarital Agreement Lawyer with Aggressive Representation
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Need for Legal Counsel in Post-Marital or Petition Agreements
Since these contracts can be held valid in a Texas court, it is extremely important that both husband and wife have separate, competent counsel protecting their interests in the drafting and execution of the post-marital agreement. This is important not only for the proper drafting of the document but also to ensure that there has been full disclosure of the assets and liabilities involved, as well as the ramifications of the agreement’s provisions.
If you and your fiancé are interested in a post-marital agreement or postnuptial agreement, then please feel free to contact the Law Office of Michael Granada for a paid, initial legal consultation. We’re here to help you.
