Located in Katy, TX | Sugar Land Office by Appointment Only
Midlife Marriages Can Result In Complex Divorces Over Two Decades of Experience on Your Side

Midlife Marriages Can Result in Complex Divorces

Midlife marriages can be wonderful unions. At midlife, you’re more mature. You may feel more comfortable with who you are and who it is you want to be with. There’s usually less drama and strife with a midlife marriage.

Still, finances concerning midlife marriages can be a very different animal altogether — and may pose specific problems for your union.

This is often because two midlife adults getting married tend to have their own separate assets: homes, savings, businesses, retirement plans, profits and salaries, etc. This is your separate property when you’re single, but when you get married, it’s possible that it will become community property between you and your new spouse.

For this reason, some midlife marriages experience significant contention over finances. Some even end in divorce.

To avoid surprises, be sure that you’re aware of what happens to your individual property when you marry. Here are just a few examples of what could happen:

  • When a spouse contributes to your business or your home, they may gain equitable rights as a result.
  • Without careful estate planning, your spouse may automatically be entitled to a minimum of half of your assets accumulated during your marriage. If the value of your assets increases, your spouse will also be entitled to the added value.
  • If you have a joint bank account, any money you deposit into the account will automatically become community property.
  • Your home will become community property if you refinance and add your spouse’s name.

Do you need a prenuptial agreement?

Whether you are entering into a midlife marriage or a marriage at age 25, arranging and signing a prenuptial agreement is always a good idea. This agreement sets in stone the division of your assets. Speak to a lawyer today about how to arrange for a prenuptial agreement before your midlife marriage.

Categories
  • Georgia  Barker Photo
    Georgia Barker

    Founding Attorney

    Georgia Barker was born in Corpus Christi, Texas and has lived in Houston for most of her life. She attended the University of Texas at Austin and earned a Bachelor of Business Administration. In her graduating class at UT Austin, there were 101 men and only 3 women. Ms. Barker earned a Doctor of Jurisprudence from the University of Tulsa, College of Law and was a member of Phi Alpha Delta Law Fraternity. She was admitted to the Oklahoma State Bar and the following year admitted to the Texas ...
/

WHY WORK WITH US?

Our Priority Is Your Family
  • Work Directly with an Attorney
  • Personalized Service
  • Over Two Decades of Experience
  • Accessible & Responsive
  • Client-Focused & Results-Driven

GET IN TOUCH

The First Step Starts Here
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.