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Texas Premarital Agreements Package

Texas Premarital Agreements Package

Category:

Family Law - Marriage - Property Agreements - Prenuptial Premarital

State:

Texas

Control #:

TX-P035-PKG

Format:

Instant download

Description

This package can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.

These forms are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.

Included in your package are the following forms:

1. Prenuptial Premarital Agreement without Financial Statements;

2. Amendment to Prenuptial or Premarital Agreement;

3. Financial Statements only in Connection with Prenuptial Premarital Agreement;

4. Revocation of Premarital or Prenuptial Agreement

Agreement to Establish Common Law Marriage

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Prenuptial Agreements - General Comments on the Negotiating, Drafting and Execution of Prenuptial Agreements

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Postnuptial Agreement Clauses

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Cohabitation Agreements

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Prenuptial Agreement

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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

We protect your documents and personal data by following strict security and privacy standards.

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Premarital Agreement

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FAQ

Texas courts will invalidate a prenup if it does not comply with state law or if it contains unfair provisions. In the event that you and your spouse decide to get a divorce, you will want your prenup to hold up in court.

No prenup, no problem. Upon marriage your separate property will remain separate property. In the event of a Texas divorce your separate property will remain your separate property. (So long as you can prove it belonged to you before the marriage or received by gift, devise, or descent.)

The Texas Family Code allows parties to enter into a prenuptial agreement, or prenup, before marriage. It makes those agreements enforceable so long as they meet the requirements set out in the Texas Family Code.The prenuptial agreement can also govern issues during a divorce, such as spousal support or alimony.

A prenup can protect the rights and obligations of both parties with respect to property. If one party owned a house before marriage, the prenup could include a provision stating that this spouse would be responsible for all costs associated with the maintenance of that property.

Assets and Debts. A Prenuptial Agreement is a good way for you and your partner to maintain separate control over personal assets or property that you accumulated before you were together. Dependent Children. Protection of Your Estate Plan.

The average cost of a prenup ranges from about $1,200 for low-cost, simple agreements to $10,000 for more complicated situations.

Just as a future asset can be protected by a prenup if adequately described, future income can also be treated as belonging to one partner but not both.

In the event of divorce, a prenup can protect a spouse from being liable for any debt the other spouse brought into the marriage.A prenup can also protect any income or assets you earn during the marriage, as well as unearned income from a bequest or a trust distribution.

Although it can vary from lawyer to lawyer, in Texas, a prenuptial agreement costs an average of $1200. And to be most effective, a prenup should just be a part of an estate planning package a will or trust, a living will, and powers of attorney. Those documents cost an average of $1,500.