Jamie Graham & Associates, PLLC

Prenups may prove helpful during the divorce process

When a couple decides to end a marriage in Texas or anywhere around the country, there are many issues to address during the process. Questions surrounding property division are often paramount in the discussions. However, marital experts suggest that having a prenuptial agreement in place can be an immense help when going through a divorce.

As many couples are either marrying later in life or for the second or third time, marital agreements are becoming more popular. Individuals in these situations are coming into marriage with children from previous relationships, established careers and property of their own. Some may also have inheritances or family businesses they wish to protect. Whatever the reasons, it is important to consider several points when developing the prenuptial agreement.

The issue of fairness to all parties is considered by the court. Experts stress that everyone must be forthcoming with a listing of all assets and liabilities. It is also vital that each person be represented by an attorney. An effective prenup will detail what occurs, whether a marriage ends in divorce or due to a death.

Prenuptial agreements will identify property that should be excluded from a settlement, such as an inheritance. Other stipulations may be included, such as a religious upbringing or where children will attend school. In some situations, agreements may expire after a designated period of time.

It is important to protect one's interests when going through a divorce. An experienced Texas divorce attorney can provide much-needed guidance throughout the entire process, including providing advice on creating a marital agreement. A knowledgeable lawyer will work to achieve the most favorable outcome in the proceedings, securing a client's position both now and for the future.

Source: hometownlife.com, "Key issues every prenup should cover", Harvey Gornbein, Jan. 14, 2018

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