Marital Agreements Effectively Prevent Costly Disputes
Individuals who bring significant assets into a marriage are wise to protect those assets through a prenuptial agreement. A prenuptial agreement is a legally binding contract through which a couple agrees before entering into marriage how to protect and secure their individual assets if the marriage ends in divorce.
I am Michael D. Tracton, the founding attorney of the Law Office of Michael D. Tracton, P.C. As a Sugar Land prenuptial agreement lawyer with more than 35 years of experience, I create comprehensive, ironclad prenuptial agreements for couples who have the foresight to protect their assets. I also create postnuptial agreements for individuals who are already married and who want to protect separate assets in the event of divorce or death.
Using Marital Agreements Before And After Marriage
A prenuptial agreement is commonly used if one or both individuals have substantial assets, or to protect assets for children from a previous relationship. Prenuptial agreements also are common when one spouse owns a business in order to limit the liability of the other spouse.
Postnuptial agreements are common when one spouse receives a large inheritance or accumulates considerable wealth after the marriage and wishes to protect their assets if the marriage ends.
Comprehensive Drafting And Review Are Essential To Enforceability
Prenuptial and postnuptial agreements are complex documents that must be carefully structured to be effective. If a prenuptial or postnuptial agreement is challenged, the courts determine whether it was “fair” at the time it was executed and at the time it must be enforced.
I strongly encourage couples to seek separate legal counsel prior to signing a prenuptial or postnuptial agreement. This limits the opportunities for either spouse to challenge the agreement by claiming he or she was deprived of the ability to have counsel or didn’t understand the documents being signed.
Learn All Of The Options Available To You
Our legal team has the experience and knowledge necessary to help you create a comprehensive prenuptial or postnuptial agreement that protects your assets and the other loved ones in your life. I will walk you through the process and explain every aspect of your agreement. Call 281-242-7111 or email me to schedule an appointment to discuss your objectives.