For couples about to get married, agreeing on strong prenuptial agreements can seem like an emotional landmine. Jennifer Espronceda is a leading San Antonio prenuptial agreement attorney that can help you navigate this legal and emotional minefield with ease.
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Prenuptial Agreements In Texas: Learn The Facts
Prenuptial agreements can provide excellent insight into the financial compatibility of the parties involved. It’s also important that both partners have some control over what happens to joint and individual assets if the marriage should dissolve, which is essentially what prenuptial agreements do – allow both parties to make such decisions without the stress and emotion experienced during a divorce.
A “partition agreement” may be a part of prenuptial agreements. These outline how community property may be divided at the dissolution of a marriage, including the creation of two separate estates. It’s a common misconception that Texas law requires a 50/50 split of assets in the event of a divorce, but this is not true. If there is no binding prenuptial agreement, a court can decide on any split that is fair and just, which may vary depending on the factors of a given situation.