Easy Questions  
Free Legal Documents

Deciding Whether a Pre-Nuptial Agreement is Right for You in Alba, TX

Deciding Whether a Pre-Nuptial Agreement is Right for You in Alba, TX


Love is a symbol of eternity. It wipes out all sense of time, destroying all memory of a beginning and all fear of an end.
 
- Author Unknown


A prenuptial agreement is a contract executed by a couple before they marry concerning the ownership of their respective assets should the marriage fail. Nothing kills romance faster than the word pre-nup. On a practical level, with almost half of all marriages ending in divorce, a prenup may be an insurance policy in case things don't work out long term.

Marriage is not just an emotional and physical union, it's also a financial union. A prenup and the discussions that go with it can help place the financial well-being of the marriage on a solid foundation. The contract spells out how assets will be distributed in the event of divorce or death.

Getting to know your assets and property can help make up your mind if need to have a prenuptial agreement before you get married. There are three steps to determine this:

1. Take a Prenuptial Quiz. If you and your spouse-to-be answer yes to any of these questions, chances are having a pre-nup is helpful. If most answers are no, aprenup can still be helpful but not as critical.<.p>

  • Do either of you possess any real estate?
  • Do either of you possess money amounting to $50,000 or more aside from having real estate?
  • Do either of you own a business?
  • Do either of you earn more than $100,000 annually?
  • Do either of you have any valuable employment benefits like stock options or profit sharing or have you earned more than a year's worth of retirement benefits?
  • Does either of you plan to pursue an advance degree while the other one works?
  • Do either of you have other heirs for your estate other than your spouse when you die?


  • 2. Identify Important Issues

    List all the issues you want addressed in a prenuptial agreement. In this way you can check and discuss these issues with your spouse-to-be. These issues may touch upon subjects like separation of property, how to handle money and property during the course of marriage, alimony, or how your property will be treated after death.

    Other common prenup topics may include:

  • Joint or separate property
  • Estate planning issues including leaving family property or provisions for children from previous marriage
  • Handling of separate businesses
  • Separate handling of each person's debts
  • In case of separation or divorce, who gets what, including alimony
  • Income tax returns, filing and allocation of income
  • Who will be responsible for the household expenses and how payments will be funded
  • Managing joint bank accounts and separate bank accounts
  • Specific big ticket purchases
  • Credit card charges and and how payments will be funded
  • Investment and savings plans for the future
  • Arrangements regarding education
  • Agreements regarding the provisions for the surviving spouse just in case the other one passes away.
  • How to settle disagreements in the future


  • 3. Assess your Comfort Level

    On a scale from 1 to 5, with 5 being the highest, how comfortable are you with the idea of having a prenup? How comfortable do you estimate your spouse-to-be will be with a prenup?

    Score of one to two: What are the reasons for your discomfort? Are you unsure whether you are in a better legal and financial position without a prenup vs. with a prenup? Do you know enough about the laws and regulations about prenup in your state? Are you worried about offending your fiancé? Is it possible that the two of you need to be able to talk about difficult matters in a loving way, as a way to pave the way for more open communication with your spouse-to-be in the future?

    Score from three to five: if you are comfortable enough to talk to your fiancé, then go ahead and start discussing the specifics. Discussing it in a level-headed manner can be a good start to see each other eye to eye. Be open about the discussion and don't take all in one go. Take your time, be open minded and build on trust openness and transparency.

     
    Personalize & Print a Free TX Premarital Download this Document
    Page 1
    Page 2
    Page 3
    Page 4
    Page 5
    Page 6
    Page 7
    Page 8
    Page 9
    Page 10
    Page 11
     
    Personalize & Print a Free TX Power of Attorney Download this Document
    Page 1
    Page 2
    Page 3
    Page 4
    Page 5
    Related Legal Services near Alba, TX
    Attorney General
    1400 Hillcrest Dr
    Arlington, TX 76010
    (817) 277-9805
    Attorneys
    Shivers Robert A
    1146 S Alamo St
    San Antonio, TX 78210
    (210) 226-9725
    Administrative & Governmental Law Attorneys, Immigration Law Attorneys, Attorneys
    Martinez & Martinez
    1105 Wooded Acres Dr #200
    Waco, TX 76710
    (254) 776-9700
    Attorneys,  General Practice Attorneys,  Legal Service Plans,  Drug Charges Attorneys,  Child Custod
    Cotner Robert
    3501 W Waco Dr
    Waco, TX 76710
    (254) 752-9688
    Attorneys
    Zimmerman & Zimmerman & Cotner & Young A Professional Corporation
    3501 W Waco Dr
    Waco, TX 76710
    (254) 752-9688
    Accident & Property Damage Attorneys,  Attorneys,  Legal Service Plans,  Personal Injury Law Attorne
    Zimmerman Law Firm
    3501 W Waco Dr
    Waco, TX 76710
    (254) 752-9688
    Accident & Property Damage Attorneys, Personal Injury Law Attorneys, Automobile Accident Attorneys
    Morris, Michael P - Tekell Book Matthews & Limmer
    1221 McKinney St # 4300
    Houston, TX 77010
    (713) 222-9542
    Personal Injury Law Attorneys, Attorneys
    Tekell Book LLP
    1221 McKinney St Ste 4300
    Houston, TX 77010
    (713) 222-9542
    Attorneys, Legal Service Plans
    Book, William C - Tekell Book Matthews & Limmer
    1221 McKinney St # 4300
    Houston, TX 77010
    (713) 222-9542
    Insurance Attorneys, Personal Injury Law Attorneys, Attorneys
    Clark Dick
    3311 N Ridge Dr
    Waco, TX 76710
    (254) 772-9464
    Attorneys
    Muizers Martin I
    2525 E Arkansas Ln
    Arlington, TX 76010
    (817) 548-9437
    Attorneys Referral & Information Service, Attorneys, General Practice Attorneys
    Central Texas Litigation
    7215 Bosque Blvd
    Waco, TX 76710
    (254) 399-9400
    Attorneys Referral & Information Service, Litigation Support Services
    Kerrisa Chelkowski
    1017 South Alamo Street
    San Antonio, TX 78210
    (210) 228-9393
    Criminal Law Attorneys, DUI & DWI Attorneys
    Abbott J Perry CPA
    609 W Main St
    Arlington, TX 76010
    (817) 265-9306
    Attorneys,  Estate Planning, Probate, & Living Trusts,  Wills, Trusts & Estate Planning Attorneys
    Brenda Dushane
    12404 Highway 6
    Santa Fe, TX 77510
    (409) 316-9254
    General Practice Attorneys, Attorneys, Legal Service Plans
    The Law Office of Wendy L. Hackler
    1810 A 8th Ave.
    Fort Worth, TX 76110
    817-926-9890
    Attorneys, Child Support Collections, General Practice Attorneys
    Hasdorff & Convery P C
    1007 S Alamo St
    San Antonio, TX 78210
    (210) 738-9060
    Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Legal Service Plans
    Green Neal Jr
    110 W Collin St
    Corsicana, TX 75110
    (903) 874-9009
    Divorce Assistance, Attorneys, Family Law Attorneys, Legal Service Plans
    Hardin Rusty & Associates PC
    1401 McKinney St Ste 2250
    Houston, TX 77010
    (713) 652-9000
    Attorneys, Criminal Law Attorneys, Appellate Practice Attorneys, Litigation & Tort Attorneys, Legal
    York Robert Atty
    312 W 4th Ave
    Corsicana, TX 75110
    (903) 874-8890
    Attorneys, Family Law Attorneys, Divorce Attorneys, Litigation & Tort Attorneys, Estate Planning Att
    Scanes, Routh & James
    7901 Fish Pond Rd
    Waco, TX 76710
    (254) 399-8788
    Attorneys,  Accident & Property Damage Attorneys,  Civil Litigation & Trial Law Attorneys,  Real Est
    Shields Joel
    7901 Fish Pond Rd Ste 200
    Waco, TX 76710
    (254) 399-8788
    Corporation & Partnership Law Attorneys, Attorneys, Labor & Employment Law Attorneys, Legal Service
    Anita J Anderson
    829 E Guenther St
    San Antonio, TX 78210
    (210) 533-8726
    Attorneys Referral & Information Service, General Practice Attorneys, Attorneys
    Aldous Law Firm
    11959 fm 1764
    Santa Fe, TX 77510
    (281) 435-8648
    Automobile Accident Attorneys,  Family Law Attorneys,  Litigation & Tort Attorneys,  Medical Malprac
    12Law.com   |  NASHVILLE, TN USA   |  CONTACT US