A premarital agreement (also called a prenuptial agreements or “prenup”) is executed by spouses-to-be in advance of their marriage. It allows the parties to decide, in advance, what will happen with their property in the event of divorce.

A premarital agreement is typically designed to preserve a party’s separate property and to explicitly spell out what property will be community property, if any, and what will remain or become separate property. It is a document that allows you to contract around Texas law. For example, under Texas law, interest earned on separate property is community property. However, you can stipulate otherwise in a prenuptial agreement. You also can specify that the money you earn during your marriage is your separate property rather than community property.
A postmarital or postnuptial agreement similarly allows the spouses to contract around Texas law and will allow the parties, after their marriage, to make agreements regarding the characterization of their property.
Piggy bank in safe