Houston Texas Premarital Agreements Package

State:
Texas
City:
Houston
Control #:
TX-P035-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.


These forms are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.


Included in your package are the following forms:



1. Prenuptial Premarital Agreement without Financial Statements;

2. Amendment to Prenuptial or Premarital Agreement;

3. Financial Statements only in Connection with Prenuptial Premarital Agreement;

4. Revocation of Premarital or Prenuptial Agreement
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  • Preview Texas Premarital Agreements Package
  • Preview Texas Premarital Agreements Package
  • Preview Texas Premarital Agreements Package
  • Preview Texas Premarital Agreements Package

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FAQ

Although it can vary from lawyer to lawyer, in Texas, a prenuptial agreement costs an average of $1200. And to be most effective, a prenup should just be a part of an estate planning package ? a will or trust, a living will, and powers of attorney. Those documents cost an average of $1,500.

Prenups can range in cost based on several factors. For most couples, the cost will range from $1,000 up to $10,000 for more complicated situations. While there are templates and information available online, it's wise to use an attorney to ensure that the agreement is valid and legally binding.

Texas Family Code § 4.006 requires both parties to a prenup to enter into the agreement voluntarily. Otherwise, the agreement will be deemed invalid.

Unconscionability Invalidates a Prenuptial Agreement One party signed the agreement involuntarily or not by choice. One party demonstrates that the other party did not divulge all relevant information. One party can prove he/she was not allowed access to an attorney before signing the prenup.

The law does not allow a couple to include any terms regarding child custody, visitation or support in a prenuptial or postnuptial agreement. This is because a judge will make these decisions in a divorce case based on the child's best interests.

Under the Texas Uniform Premarital Agreement Act, a valid premarital agreement can include: The spouses' rights to use and transfer property. The spouses' rights and obligations regarding any property they acquire. The disposition of property in the event the spouses' marriage end due to divorce or death.

To ensure that things are kept fair and neither person is signing to something they will regret later, each spouse should have their own lawyer when creating and signing a prenup in Texas.

A prenuptial agreement does not cover the following: Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.

Be a written contract?no verbal agreements. Have lawful terms within the prenup. Include the signatures from both parties. Must be signed voluntarily (can't involve coercion, duress, intimidation, or deceit)

When it comes to monetary assets, a prenup can also protect the future earnings of one or both parties so they are not up for grabs during a divorce.

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Houston Texas Premarital Agreements Package