Reasons Why You Should Seek a Premarital Agreement
Presented by a Houston Premarital Agreement Attorney
There are many reasons why a premarital agreement is beneficial to a marriage. Couples seeking the advice of a Houston premarital attorney at John K. Grubb & Associates, PC often have the same questions and concerns when planning a new union. Below are some of the more common examples, which a Houston prenuptial agreement can address.
When two people own property of significant value, such as a house or a successful business, they may want to address ownership of that property and the conditions under which their new spouse may or may not share in that property. Is a title to remain sole or will it become joint? Are past assets which contribute to future earnings included in a business’ net gain? These are important issues which a Houston premarital attorney can help resolve.
When two people come to a relationship with significant assets, they may want to clearly outline the present and future retention of those assets. Some couples are comfortable allowing one spouse to retain sole ownership of his or her monetary position, while other couples are amenable to blending their joint holdings. A Houston premarital agreement attorney can help you decide how to best manage the future of your individual assets.
Children From A Previous Marriage:
Couples who have young or adult children from a previous marriage may want to outline the terms by which those children will be provided for in relation to any children they may have during the course of their new marriage. Likewise, couples may want to address the needs of their grandchildren from a prior marriage.
In The Event Of A Separation:
Given that a significant percentage of marriages still end in divorce, it is prudent to have an agreement in place which allows couples to leave the relationship on reasonable terms. Having a prenuptial agreement may help relieve the stress and anxiety that is all too often associated with a divorce.
A Houston prenuptial agreement is a document, which addresses the material concerns of a relationship. While it outlines the division of property in the event of a divorce, it also serves as a foundation upon which the “contract” of a marriage is based.
Couples find clarity of mind in working with a Houston premarital agreement attorney to delineate the ownership of individual assets, and having a prenuptial agreement in place allows couples to discuss financial issues in the presence of an experienced legal professional who can offer sound advice on fiduciary strategies.
To draft your Houston prenuptial agreement, contact a Houston premarital attorney at John K. Grubb & Associates, PC. They will be happy to assist you – start to finish – in managing the Texas premarital agreement process.