You just got engaged, and you and your fiancé are in the process of discussing a prenup. A prenuptial agreement is a written contract between two people before marriage to list property rights, debts, and finances each person owns in the case of divorce. We believe that communicating about finances through a prenup with your fiancé is essential to building a solid marriage foundation. Our divorce lawyers in McAllen TX have listed three reasons you should consider drafting up a prenup before your wedding day arrives.
Prenups Protect Your Finances
One of the main reasons why you should consider a prenup is to protect your finances, which may include:
- Business assets.
- Life insurance policies.
- Education or retirement funds.
- Property before or during your marriage.
Avoid Paying Spouse’s Debt
In the case of divorce, a prenup can come in handy to ensure you and your spouse are protected from each other’s debts, such as:
- Credit card debt.
- Debt from a small business.
- Debt your spouse accrued before marriage.
Ensure You Can Provide for Children
A prenup is helpful to ensure that your children, or children from a previous marriage, are always provided for in case of divorce or death of you or your spouse.
Hire Our Divorce Lawyers in McAllen TX Today
Our divorce attorneys understand that a prenuptial agreement may not be the most romantic thing to prep during your engagement. Still, it’s undeniably one of the most important things to do to ensure the health of your finances remains in place. We can help you draft a prenuptial agreement that works with you and your fiancé. If you have any questions about our services, be sure to send us a message online or give us a call at (956)287-7555 for a FREE consultation.