Agreements between couples that address debt, property, and other matters including property division make sense. When these agreements are put into place before a couple marries, they are considered prenuptial agreements; after marriage, they are postnuptial agreements. Even when you and your fiancé or spouse agree materially, it is a good idea to have these agreements drawn up by a skilled attorney.
Keep in mind, Texas, California, and Louisiana are community property states. A properly worded pre-or postnuptial agreement would override the statutes since they are legally binding on both parties. These agreements are not only used to deal with assets, they may also be used when one partner has significant debt; this ensures the other partner would not be liable for that debt in the event the relationship falls apart later.
Some clients have expressed concerns these agreements are forecasting a bad marriage; this is inaccurate. It makes sense to protect yourself financially whether you are considering marriage, or you are married and there is a financial disparity that should be addressed.
Contact Simoneaux Law Firm in Austin, TX for assistance drafting a prenuptial, or postnuptial agreement, or to have us review an agreement prior to agreeing to sign it. We have helped couples across California, Louisiana, and Texas protect their financial future with these agreements.