If you are thinking about tying the knot, you should take many factors into consideration, especially when it comes to your finances. Couples often encounter a number of financial hurdles during the course of their marriage, and financial challenges can place strain on a relationship. Premarital agreements can help eliminate uncertainty and provide peace of mind.
Some people are hesitant to sign a premarital agreement for a host of reasons. However, these agreements are not necessarily set in stone. In fact, some couples decide to revoke their premarital agreement.
Revoking a premarital agreement after marriage
According to the Texas Constitution and Statutes, a married couple can revoke their premarital agreement after they get married. However, in order to revoke a premarital agreement, both parties have to sign a written agreement. There are various reasons why couples decide to revoke these agreements, but it is important to weigh all of your options and the potential impact of revocation before moving forward.
Discussing a premarital agreement with your spouse
If you or your spouse are thinking about revoking a premarital agreement, communication is important. If you are unable to reach a mutual understanding with respect to revocation, you cannot revoke this agreement.
Sometimes, couples decide to amend their premarital agreement, which is also possible in Texas. Before amending your premarital agreement, make sure you thoroughly review all relevant factors and think about how the changes you make to the agreement could affect you in the years to come. Legal issues related to premarital are often complex, so make sure you approach this topic carefully.