Pre/Post Nuptial Agreements
At Gaydos Duffer, we understand that marriage is likely one of the biggest decisions in a person’s life, along with a myriad of other decisions that need to be made once you decide to wed. One decision may be to enter into a prenuptial agreement to protect your assets. We understand that discussions surrounding the protection of a person’s assets and financial rights can be challenging just before marriage, but needed nevertheless. A prenuptial agreement defines certain terms of the marriage, establishes property, and outlines what will happen in the event of a divorce.
Post-nuptial agreements are similar to prenuptial agreements except that they are signed after marriage. Under Texas, all property acquired during the marriage is considered community property and divided equally, unless deemed otherwise by a Court. Couples typically enter into a post-nuptial agreement to exchange all or some of their community property between themselves in the event of divorce or death. The agreement becomes effective immediately after its executed.
If you are contemplating a prenuptial or post-nuptial agreement, contact Gaydos Duffer to schedule a consultation with one of our experienced attorneys who can guide you through the process.