Experienced Prenuptial Agreement Attorneys In El Paso, Texas
A prenuptial agreement is a legal contract created before marriage to outline how spouses will distribute assets and debts if the marriage ends in divorce. This agreement aims to clarify things, protect each person’s interests and set financial duties. It often includes asset details, debt division, spousal support terms and estate planning plans.
If you need help creating a prenuptial agreement, the lawyers at Rosales Law Firm can assist. With over 50 years of combined legal experience, we are ready to protect your legal and financial interests.
Contact us today online or by phone at 915-219-5516. Our El Paso prenuptial agreement lawyers serve clients throughout El Paso and nearby areas, including military members at Fort Bliss.
Understanding Prenuptial Agreements In Texas
Premarital agreements help couples entering marriage with significant assets or those who have previously married.
If a strong prenuptial agreement exists, the divorce process typically bypasses Texas property division laws. The court will follow the terms of the prenuptial agreement.
Remember, a spoken agreement won’t work in court. To protect your assets from future risks, it’s smart to have a prenuptial or postnuptial agreement.
Benefits Of Prenuptial Agreements
Lawyers suggest prenuptial agreements because they provide significant benefits. These agreements protect personal property, clarify financial expectations and reduce disputes during a divorce. They also prevent one spouse from taking on the other’s debts and ensure children from past relationships get their fair inheritance. Plus, making a prenuptial agreement encourages honest talks about finances, which builds trust between partners.
Who Should Consider One?
The following people should think about drafting a prenuptial agreement:
- Individuals with large assets or business ownership
- Those expecting an inheritance
- People entering second or later marriages
- High net worth individuals
- Military members who want to protect special benefits such as pensions
These examples show how different clients can gain from a prenuptial agreement tailored to their needs.
What Happens If You Do Not Have One?
Texas community property laws control asset division in a divorce without a prenuptial agreement. This means the court will evenly distribute most property gained during the marriage, regardless of who contributed what. The court may also equally distribute debts collected during the marriage, which could unfairly burden one person. A lawyer can help create an agreement to avoid these issues.
Contact Our Asset Protection Attorneys
Our lawyers are here to assist if you need help with a prenuptial agreement in El Paso, Socorro or anywhere in Texas. Contact our office today to talk about your case. We are available during regular business hours and by appointment at other times. You can reach us by phone at 915-219-5516 or via email. We accept all major credit cards for your convenience.
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