SOURCE: Law Office of Ashley J. Scott, PLLC

Law Office of Ashley J. Scott, PLLC

July 17, 2013 09:00 ET

Houston Family Law Attorney Brings Postnuptial Agreements Into the Public Eye

HOUSTON, TX--(Marketwired - Jul 17, 2013) - Houston family law attorney Ashley J. Scott was interviewed by CW39 about the rising popularity of postnuptial agreements, which could possibly alleviate the problems associated with property settlement in divorce. These contracts settle the affairs and assets of a couple in the event of a separation and are executed only after a couple is married.

The segment, which was aired on July 8th, educates couples about how to protect their assets if they did not execute a pre-martial agreement before getting married. In the state of Texas, all property, income, and assets acquired after a couple marries are deemed community property and will be divided in a just and right manner in the event of a divorce. A postnuptial agreement can designate which assets are considered separate and/or community property, thereby outlining the property settlement in separation divorce proceeding.

Rising divorce rates in the U.S. have been coupled with an increase in the popularity of postnuptial agreements. Although only some states have laws that explicitly govern them, almost all states enforce postnuptial agreements. The American Academy of Matrimonial Lawyers cites that attorneys reported a 51% increase in post-marital agreements from 2009 to 2012.

Postnuptial Agreements: Implications of D.O.M.A.
Ashley J. Scott also discussed the legal implications of the recent Supreme Court verdict on the constitutionality of the Defense of Marriage Act. Since D.O.M.A. has been ruled unconstitutional, she posits that there will be "an increase in postnuptial agreements because it will allow for same-sex couples to convert any kind of property maybe into community property or to keep property separate property."

If you play your cards right, the financial risks that accompany a divorce can be greatly diminished with a postnuptial agreement. For more information about postnuptial agreements from a Houston family law attorney, please contact the Law Office of Ashley J. Scott at (713) 255-2097 or at http://www.ajscottlaw.com/.

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