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Prenuptial Agreements Archives

Can a court really invalidate my prenuptial agreement?

Just like many other contracts, a prenuptial agreement may be invalidated under certain circumstances. While prenuptial agreements can provide Texas couples with financial security during and after their marriages, if they are poorly drafted or improperly executed, they may not stand up to a court's scrutiny upon review. This post will touch on some of the key reasons prenuptial agreements are invalidated, but readers are reminded to have their own family law attorneys review their prenups to ensure that no other aspects of the documents are neglected.

A prenuptial agreement can provide security during a divorce

Prenuptial agreements are contracts that individuals make with their soon-to-be marital partners that outline how their assets and wealth will be divided in the event that their impending marriages end in divorce. The attorneys of the Law Offices of Mary Ann Beaty take pride in working with Dallas residents who not only want to create "prenups" before they wed but who also want to ensure that their premarital contracts are carefully drafted and properly executed.

Entertainer's death reveals possible problems with his prenup

Recently, this Texas family law blog discussed the contractual terms that a prenuptial agreement should include so that it cannot later be challenged as invalid. Generally, prenups must be signed by the parties, must be put into writing, and may not be created under any conditions that may suggest that one of the parties was pressured or coerced into signing it against their will. Individuals who wish to fully understand the requirements of these important family law documents are asked to consult with their attorneys about preparing and executing them in accordance with applicable laws.

Valid prenuptial agreements require certain contractual terms

Not everyone likes the idea of a prenuptial agreement. These premarital contracts effectively spell out the financial terms that a Texas couple will agree to in the event that their union ends in divorce. Although the prospect of planning for one's future divorce is anything but romantic a prenuptial agreement can be a powerful tool for keeping the peace and finding resolution in the event the unthinkable occurs.

Protecting the family business with a prenuptial agreement

A family business may be one of the casualties after a divorce. One spouse my not be able to buy out the other spouse, forcing excessive debt on or the sale of the business. But, a prenuptial agreement or other precaution may save the business.

Millenials opting for prenuptial agreements

More Texas millennials, 18- to 35-year-olds, are entering a prenuptial agreement (prenup) before their marriage and for new reasons. One survey of attorneys reported that 51 percent of lawyers reported an increase in the number of millennials seeking these agreements. Another 65 percent claim that the increase took place over the last three years.

Why enter a prenuptial agreement?

Wedding planning may include less romantic but important aspects for engaged couples in Texas. A prenuptial agreement, for example, allows couples to have an inventory of property that they possessed before their marriage and help protect assets when a marriage ends.

Prenups and remarriage

Second marriages could have more financial complications because some couples enter their new marriage with children and they likely attained more assets and resources as they got older. Four out of 10 new marriages had at least one spouse that was married earlier, according to a 2013 Pew Research study. Drafting a prenuptial agreement is even more important to protect assets and for estate planning when couples remarry.