Getting married is one of the biggest days in one's life. A lot of people spend years dreaming and planning the perfect wedding. However, a healthy and long-lasting marriage requires much more effort than pulling off a great wedding day.
One thing a lot of couple don't think too much about is signing a prenuptial contract. Some people even take offense if their partner suggests getting a prenup. However, signing a prenuptial agreement can be beneficial for many reasons. Here's why you should consult Dallas prenuptial agreement lawyers if you're planning on getting married.
Do You Need a Prenuptial Agreement
Whether you decide to sign a prenuptial agreement or not can be profoundly personal. There is no practical way to determine whether you would need it in the future or not. You enter the marriage hoping for the best. But if worst comes to worst, having a prenuptial contract can prevent things from going ugly and make the situation a little bit easier for both parties.
What are Prenuptial Contracts?
Some people choose to sign a prenuptial agreement before they get married, which can be useful in the event of a divorce. More often than not, a divorce is emotionally and physically taxing. While a prenuptial agreement may not be useful in tackling the emotional trauma that comes with the divorce, it can protect both parties from any financial discord.
Bringing up the conversation about a prenuptial agreement with your fiancé can be awkward and uncomfortable. Who wants to think about a potential divorce when they aren't even married yet? However, it is a necessary conversation in most cases. You never know when or how things may go south. And if something like that happens, you'd be glad that you have a prenuptial contract to sort things out more easily.
It is a legally binding contract in which you and your partner can agree upon the division of assets in case of a divorce.
Other financial issues can also be covered in the contract, including debts you both took individually or as a couple, alimony payments, child support, etc.
Both, you and your fiancé, will have to provide a complete inventory of your assets, debts, and any other information regarding your finances. This is crucial, since failing to do so can cause issues in the future, especially for the partner who concealed any information about their financial assets.
Prenuptial agreements are especially necessary if you have any seperate property or business that was acquired prior to the marriage. On the other hand, it can also be helpful if you plan on buying a home together. Either way, the contract can help determine who will take ownership of the assets in case of a divorce.
Hiring a Prenuptial Agreement Attorney in Dallas to Draft an Agreement
If you and your to-be spouse decide to sign a prenuptial agreement, it is highly recommended to hire a lawyer for the purpose. A prenuptial contract that isn't drafted properly will not hold any value in court. Hence, it is crucial that everything is done in the correct manner.
Following are some reasons you should hire a Dallas prenup lawyer.
The Dallas Prenup Lawyer Will Make Sure the Required Conditions Are Met
It is essential that some specific conditions are met for the prenuptial contract to be considered valid in court. It is also important to note that marriage laws can vary heavily from one state to another. Therefore, trying to draft a prenuptial agreement yourself may not be a smart decision. With layman's knowledge about the subject, there's a high chance that you'll miss out on some of the conditions, making the contract invalid in the eyes of the law.
However, a prenuptial lawyer knows exactly what is required and will guide you through the entire process. You will also be given time to individually review the contract before signing so that you can be sure that you agree with all the terms. During this period, you can take legal advice from another lawyer for a second opinion as well.
The Prenup Attorney Will Keep Things Amicable
As discussed earlier, discussing divorce before you're even married can create a tense situation for the potential couple.
And if it's just the two of you discussing the terms, it can become very easy to let your emotions take over and not look at the situation from a rational perspective. Not only does working with a law firm prevent such emotional mistakes, but they will also ensure that things remain amicable.
A prenuptial agreement attorney will assure the couple that the contract is only being put into place to protect both parties from emotional and financial ruins in the future. If any or both partners are doubtful or uncomfortable about the agreement, a lawyer can help put their minds at ease. Additionally, the presence of an attorney can diffuse any awkwardness around the subject. All of this can alleviate most of the couple's concerns and maintain a cordial environment and healthy attorney client relationship.
The Attorney Will Keep Things Fair
There are a lot of factors that come into play while drafting a strong prenuptial agreement by a law firm who handles prenuptial agreements. Small mistakes can make the entire contract invalid. For instance, courts have deemed prenuptial agreements invalid due to reasons such as failing to disclose their assets properly, cutting out the other party, or either or both of the parties acting fraudulently in any way.
If you consult a good prenuptial agreement attorney, the chances of such mistakes will be reduced significantly. Both parties will properly understand the agreement and know what they're getting into. If you want, you can also hire separate lawyers in order to ensure that everything is fair and just.
Ready to See a Dallas Prenup Attorney for a Consultation
As you can see, having a prenuptial agreement can be useful in the future. Therefore, it is necessary to have an open conversation with your potential husband or wife about signing a prenup.
If you're looking to get legal advice on the subject, visit one of the best Dallas prenup lawyers, Huston Law. We will guide you through the entire process and will also assist you in drafting a contract. Get in touch with us for a no-obligation consultation today.