Travers & Travers

July 2019 Archives

Protecting assets when marrying again

With more than 40% of marriages, one or both spouses have been previously married. Remarriage is especially on the rise among older couples in Texas and elsewhere in the nation. In such situations, there's an increased potential for conflict since assets are likely to be more significant than what's common with a first marriage.

Student loan debt taking a toll on marriages

Younger couples tying the knot in Texas often bring more than just mutual love into a marriage. Debts that existed prior to exchanging vows can become a major burden, especially in the early stages of marriages when income is more likely to be limited. One form of debt that can be particularly problematic for younger couples is student loan debt, which was more than $39,000, on average, for 2017 graduates.

Prenuptial and Post-nuptial Agreements

Statistics show that approximately half of marriages will ultimately end in divorce. Much of the anxiety arising out of a divorce comes from the division of assets. That stress can be lessened by executing a premarital agreement (also called a prenuptial agreement) before the wedding or a post-nuptial agreement after the marriage has occurred.

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Travers & Travers
633 East Fernhurst Drive
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Katy, TX 77450

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