PREMARITAL AGREEMENTS | Under Texas law, all community property is subject to division in a divorce.
A premarital, or prenuptial, agreement is a contract entered into prior to a marriage or civil union. This agreement predetermines the characterization of property, allowing a person to preserve their separate property.
Though most premarital agreements in Texas are concerned with complex property issues, they can set boundaries on many other issues such as the rights to control property during the marriage; dividing retirement and employee benefits; and specifying homestead rights.
KoonsFuller has decades of experience in creating and dealing with premarital agreements tailored to meet the circumstances and needs of our clients.
POST-MARITAL AGREEMENTS | A post-marital, or asset partition agreement, may be created to protect one spouse’s assets from the other’s debts; to protect assets from the risk associated with a spouse’s business venture; or for a variety of other reasons.
Sometimes an agreement between spouses that divides marital property can be a good way to preserve and protect assets and to reach agreements concerning financial issues. This often is used to ease marital stress, resolve issues to avoid a divorce, or to divide assets and avoid a dispute about their division in the event of a divorce.
KoonsFuller attorneys can assess your situation and determine if a post-marital agreement would be appropriate for your situation.