When Divorce Is Contemplated
Resolving issues pertaining to the division of assets and debts in divorce can be extremely contentious, leading to long, costly litigation. There are many steps people should take if they believe divorce is likely, both to protect themselves and to reduce potential acrimony and conflict. These steps can include establishing a bank account and credit card in one's own name, establishing a private mailbox for sensitive mail, learning how to create secure documents on a shared computer, making copies of all family financial records, preparing a budget for post-separation and planning how to cover the budget. Depending on the circumstances, other steps may be warranted. Our attorneys have the experience to guide our clients through this process.
Texas Lawyers for Marital Agreements
Of course, the best way to avoid the cost and acrimony associated with a litigated divorce is to resolve these issues before divorce is contemplated. We offer clients in the Dallas-Fort Worth area a variety of options for such planning, including prenuptial and postnuptial agreements. Working with tax planners and other experts, we can help our clients — including business owners and professionals with licensed practices — safeguard their financial interests and put a plan in place to protect them in the event of a divorce.
Prenuptial and Postnuptial Agreements
Other than the timing and circumstances in which they are drafted and filed, there is little difference between these two agreements; they both protect spouses in the event the marriage ends in divorce.
Both agreements can significantly affect the financial rights of each spouse. Any party entering into a prenuptial or postnuptial agreement should retain a lawyer, because the agreement is only enforceable if properly created and executed. Agreements can clearly lay out how property should be divided, saving both parties the costs associated with a litigated divorce.
Contact a Dallas Divorce Lawyer
Our offices are conveniently located in Las Colinas (North Irving), with free parking. If you need help with a pre-divorce planning matter, call us toll free at 877.900.9458 or e-mail us to schedule a meeting.
