Prenuptial Agreement Attorneys
David Kohm Can Assist With Your Prenuptial Agreements
As a family law attorney in Arlington, I have clients constantly ask me “When is it necessary to establish a prenuptial agreement?” Simply put, a prenuptial agreement should be established whenever you have concerns about the division of debt or property responsibilities. If you’re thinking of getting married and are thinking of getting a prenup before marriage, there are a lot of considerations you need to discuss before determining how the final contract will end up, which you will then both sign. Our Arlington and Dallas family law attorney can help you sort through all the legal intricacies of a prenuptial agreement.
Benefits of Prenuptial Agreements
This is where the experience of a qualified Dallas family law attorney can help you sort through all the legal intricacies and help you narrow down the terms you most want. Once we meet, we’ll be able to find out what is and isn’t relevant to your situation. In the meantime, I’ve created a simple checklist that you should review which will cover most of the key elements that make up your agreement.
Determine what debts you both have and how your debt will be handled. Clarify debts that you have before marriage and debts you will incur after you’re married. Will the debts prior to marriage be kept separate while debts incurred after marriage be paid jointly? These are questions that you need to answer so that there can be no confusion once the prenuptial agreement is prepared.
Financial Balance Sheet
Make a list of all your assets, liabilities, and current income. Also be sure to list any future inheritances, gifts, trust accounts, or any other potential future assets each of you may acquire. Please don’t leave anything out, and if you’ve already established some joint assets, please specify what they are and whether they were created together or otherwise.
Should either of you have any real estate, timeshares, land, or other property aka separate property prior to marriage, please determine the disposition of each piece of property. Should you face a contested divorce or decease, simply list who gets what and if there are any caveats as to how they receive it.
You both need to discuss what happens to assets acquired after you’re married, should you later divorce or one of you predeceases the other. Assets that appreciate in value, future earnings, proceeds from property you sell retirement accounts, life insurance, etc.
As you can see, there is a process that must be followed in order to make sure both parties are protected and the Law Offices of David Kohm can help you ensure that all the bases are covered. We’ve represented a lot of couples who understand the value of having a prenuptial agreement in place, and we’ll be happy to meet with you to discuss your concerns, questions, and any other family law issues you want to talk about.
Call The Law Offices at David Kohm at 817-204-9000 or fill out our online form today for a complimentary session.