If you and your spouse live in The Colony and have decided to protect your assets from the potential of a divorce in the future, you may consider a postnuptial agreement. This agreement can be used to avoid future legal issues if you get divorced by outlining how your property and other assets will be divided, whether either of you will pay spousal support to the other, and other critical financial provisions.
However, because a postnuptial agreement is a legal document, certain requirements must be met for it to be enforceable. For more information on postnuptial agreement requirements in The Colony, contact an experienced lawyer today. The dedicated postnuptial agreement attorneys at Towson Law Firm, PLLC, are here to help.
When a Texas court decides how to divide assets and liabilities during divorce proceedings, it looks for agreements between the spouses to dictate its decisions. However, verbal agreements do not count because it cannot be proven that both parties consented or what their mental state was at the time.
Instead, both parties must sign postnuptial agreements in writing and before a notary. This ensures that each spouse entered the agreement freely and with the mental capacity to do so.
A postnuptial agreement is a legal document that outlines the finances of a married couple and how those finances will be managed in the event of a divorce. Both parties are required to make full financial disclosures so that all assets and liabilities can be included in the agreement.
The Colony postnuptial agreements impact the financial future of both parties involved in the marriage. Unfortunately, these agreements often use language that is difficult to understand without skilled legal counsel.
A marital agreements attorney could help protect the financial interests of the individuals involved in the contract by drafting and reviewing the document to ensure that it is fair and in the best interests of both parties. They could provide guidance throughout the process so that the provisions of the agreement are two-sided and enforceable.
A family law attorney could also look for issues such as provisions about child support that generally cannot be involved in a postnuptial agreement. They could help modify agreements to reflect changing circumstances and work to resolve problems such as legal challenges to an existing prenuptial agreement. A lawyer could provide their clients with a wealth of information and guidance throughout each of these circumstances.
When divorces occur, it is not unusual for there to be mixed emotions involved, along with high uncertainty. While having a postnuptial agreement in place will not prevent these feelings from being experienced, it will assist in answering questions that each spouse has about their divorce. This document also encourages married couples to discuss their financial future and make provisions for the unexpected.
Contact Towson Law Firm, PLLC, today to learn more about creating a postnuptial agreement in The Colony and meeting state requirements. Our hardworking and determined legal team is focused on amicable solutions that protect the interests and reflect the unique situations of the couples involved. Schedule an initial consultation today for more information.
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.
