Texas Marital Property Agreement Sample

If you`re getting married in Texas and want to protect your assets in the event of a divorce, you may want to consider a marital property agreement. This legal document allows you and your future spouse to agree upon what property will be considered separate and what will be considered community property.

To help you understand what a marital property agreement in Texas might look like, we`ve put together a sample agreement:

Marital Property Agreement

This agreement made on [date] between [spouse 1`s name], hereafter referred to as “Party A,” and [spouse 2`s name], hereafter referred to as “Party B,” outlines the property rights of each party during the course of their marriage.

1. Separate Property

Each party agrees to retain separate ownership of all property they own prior to marriage, including but not limited to:

– Real estate

– Bank accounts

– Investments

– Personal property

2. Community Property

All property acquired by either party during the course of the marriage will be considered community property, including but not limited to:

– Real estate

– Bank accounts

– Investments

– Personal property

3. Division of Property

In the event of a divorce, the parties agree to divide community property equally. Each party will retain ownership of their separate property.

4. Spousal Support

The parties agree to waive any claim for spousal support in the event of a divorce.

5. Other Provisions

The parties agree to execute any documents necessary to effectuate the terms of this agreement and to be bound by its terms.

6. Governing Law

This agreement will be governed by and construed in accordance with the laws of the state of Texas.

Party A:

[signature] [printed name]

Party B:

[signature] [printed name]

As you can see, a marital property agreement in Texas can be relatively straightforward. However, it`s important to note that every situation is unique and you should consult with a family law attorney to ensure that your agreement is tailored to your specific needs and circumstances.

In conclusion, a marital property agreement can provide peace of mind for both parties entering into a marriage. By outlining the property rights of each party, you can avoid potential disputes and ensure a fair distribution of assets in the event of a divorce. Just be sure to consult with an attorney to ensure that your agreement is legally enforceable and meets your specific needs.