Most Texas residents can recognize the utility of a prenuptial agreement even if they believe it's not very romantic. The question is, when does the need for a prenuptial agreement trump one's concerns about "losing the feeling of romance?"
Future spouses rushing to see family law attorneys to help with drafting prenuptial agreements has become increasingly popular in recent years. While changing laws have motivated some to seek out prenups, others have decided to do so after seeing how some celebrity divorces have resulted in one spouse having to turn over his or her assets to his or her ex.
Many intelligent people in Fort Worth, Texas, and Tarrant, Texas, understand the benefits brought by having well-written prenuptial agreements in place before their marriage starts. Prenuptial agreements, often referred to as prenups, establish a mutually agreed-to financial structure for the marriage and for after the marriage if it ends in divorce. Prenups can make very clear what each marital partner expects in regards to the management and control of material assets.
Residents of Fort Worth, Texas, and Tarrant, Texas, may ask themselves who premarital contracts, also known as prenuptial agreements and prenups, are good for. The answer is everybody. Although classically associated with rich older men who marry pretty younger women, prenups are good even for young couples who marry at a point in their lives when they have only a minimum of material assets.
There are many married couples in Fort Worth, Texas, and Tarrant, Texas, and many of those couples have prenuptial agreements. Those are supposed to be binding in the event of a divorce, and often are, but are sometimes challenged by the person who will be getting less than he or she wants to get in the divorce. That is happening with a billionaire and his wife.
You're a company owner and now you're getting married. You want to protect yourself and your business in case you get divorced. You're just being realistic. You've been building this company for years and can't let anything compromise your vision or your success.
Many married couples live in the Fort Worth, Texas, and Tarrant, Texas, areas. Sometimes, couple's marriages end in divorce, resulting in property division that is often acrimonious. That acrimony can be precluded by prenuptial agreements, which make unambiguously clear how assets are to be divided. However, some couples don't have prenuptial agreements, and wind up pursuing postnuptial agreements instead.
Millennials are asking for prenuptial agreements much more than what was common in the past. One of the reasons for this is that they are more in tune with their financial goals and they aren't afraid to speak up about this matter.
The use of prenuptial agreements has been on the rise. Why are people more interested in prenuptial agreements now than they have been in the past?
While you may be ready to say "I do," and spend the rest of your life in wedded bliss, you may find that your soon-to-be spouse wants to talk about signing a prenuptial agreement before he or she strolls down the aisle. Here are some questions you should know the answers to before your marriage license formally binds you two together.