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Prenuptial agreements may provide protection in divorce

On Behalf of | Nov 1, 2018 | Divorce |

Many individuals in San Antonio believe that prenuptial agreements are necessary only for celebrities or those who are ultra wealthy. However, the reality is that prenuptial agreements are valuable even for those who may not have large sums of money. This is because they may still have some assets they would like to protect in the event of a future divorce.

Research shows that the number of people seeking prenuptial agreements has increased over the past few years. Part of the reason for this may be that more people are realizing how helpful these documents can be for ensuring that certain assets they bring into the marriage leave with them if divorce is inevitable. This is true even if they do not necessarily have immense trusts or holdings in real estate.

The state of Texas is a community property state. This means that all assets are split down the middle during a divorce proceeding. Because this may not align with a person’s wishes during divorce, it simply makes sense to produce a prenuptial agreement ahead of time that dictates how one would like all marital assets to be split during a marital breakup.

An attorney in San Antonio can help with putting together a prenuptial agreement that reflects his or her client’s wishes. However, an attorney can also provide guidance to those who are going through divorce yet never created prenuptial agreements before getting married. In these situations, the attorney can help divorcing spouses to make wise decisions regarding property division at the negotiation table or fight for the most personally favorable outcome at trial, depending on the circumstances surrounding the divorce.