Even if you aren’t getting married, couples can still reach agreements about their relationship or joint property in Texas. When two people live together but are not married, a cohabitation agreement can define the parameters of their financial relationship. For example, a cohabitating couple could agree as to how their money will be held jointly and separately, as well as who pays which of the household bills. If an unmarried couple plans to purchase a house together, a cohabitation agreement can address each party’s ownership interest, how the mortgage will be paid, and how to handle the house in the event the parties end their relationship.
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premarital agreement attorney
Can one attorney represent both of us in drafting the premarital agreement?
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
It is best for each spouse-to-be to be represented by independent counsel when negotiating and drafting the premarital agreement.
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How long before the wedding should we start the process of getting a prenup?
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
Ideally, the process for getting a premarital agreement should be started at least 2-3 months in advance of the wedding.
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What are common clauses in a prenup?
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
There are some common provisions that parties to a premarital agreement often want to include. The most common provision engaged spouses want to include in a prenuptial agreement is an identification of the property and debts of each party owned prior to marriage. The purpose of this clause is to identify what will be each party’s separate property after the marriage begins.
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How to I tell my spouse-to-be that I want a prenup?
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
All too often the prenup conversation is handled poorly. One spouse may bring up the need for a prenup at the last minute, leaving little time for thought and consideration. Or, the other spouse may not understand what a prenup is and get upset at the mention.
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Necessity of Prenuptial Agreements in the 21st Century
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
Requesting your future spouse to sign a prenuptial agreement in Texas can be a touchy subject. Many people are hesitant to obtain a prenuptial agreement for the simple fact that it may damage the relationship.
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Using Prenuptial Agreements in Texas
By Michelle O'Neil on
Posted in Premarital and Postmarital Agreements
Celebrity prenuptial agreements can certainly make headlines. They include unique (and sometimes unflattering) requests that become public fodder; especially when things don’t work out.
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