Spouses can enter into marital agreements either before or after their marriage ceremony. In either case, making marital agreements in The Colony fair to both parties is crucial to success and avoiding future litigation.

An experienced marital agreements attorney at Towson Law Firm, PLLC could craft a document that protects your assets and treats your partner fairly and equitably. Contact us today to schedule a consultation with our team.

Fair Marital Agreements Begin With Communication and Disclosure

Marriage counselors in The Colony typically recommend that, to ensure fairness, you and your spouse have an open dialogue with each other before you seek to draft a marital agreement. These conversations can help you address your goals and expectations for marriage, including financial expectations, the assets and debts that each spouse brings to the union, and career and retirement plans. Inadequate or incomplete disclosures could lead to disagreements later that impact the perceived fairness of your agreement.

Should Both Spouses Have Their Own Lawyer?

The fairness of a marital agreement can be compromised if only one lawyer drafts the contract, whether in The Colony or elsewhere in the state. Spouses have unified interests, but if one spouse has significantly more assets or liabilities and only one lawyer prepares the agreement, the document’s fairness could be called into question. Separate legal representation eliminates subsequent claims of undue influence and provides equal guarantees of fairness to both parties.

Marital Agreement Issues Depend on the Parties’ Circumstances

To prepare a fair marital agreement, an attorney in The Colony will address the issues that are most relevant to both spouses. Marital agreements often include:

  • A thorough inventory of each party’s personal and real property assets
  • A liability list, such as credit card debt, education loans, and family or personal borrowing
  • A mechanism for dividing property acquired during the marriage if it is later dissolved
  • Whether one spouse is entitled to management or ownership of the other’s business
  • How estate inheritances might be shared
  • One spouse’s right to receive a share of the other’s retirement benefits
  • Whether and at what amounts a spouse will be obligated to make alimony support payments in the event of a divorce

Our marital agreement lawyers at Towson Law Firm, PLLC could recommend other specific issues to include based on your unique information and interests.

Leave Certain Issues Out of the Marital Agreement

A fair marital agreement in The Colony should be careful about references to child custody or support provisions. Courts will not enforce arrangements that are contrary to good public policy or are not in the child’s best interest. A fair agreement will not restrict a spouse’s personal conduct, require a spouse to participate in illegal activities, or take any other actions that might shock the conscience of a court.

Ask a lawyer about how your marital agreement could include provisions to address future changes in your relationship, including how you will manage a growing family or changes in income.

Contact Towson Law Firm, PLLC in The Colony To Ensure Your Marital Agreement Is Fair

Our firm focuses its practice on family law, including making The Colony marital agreements fair for both you and your spouse. Reach out today for a review of your existing marital agreement or preparation of a new agreement tailored to your circumstances.

Meet Matt Towson

Our Law Firm’s approach to your case is based on individual circumstances. Whether it is a simple negotiated settlement, or it requires an aggressive approach, we will protect and defend your best interests.

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