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Helen Smith and Sam Jones live together. They are not married but intend to become married in six months. They would like to enter into
Helen Smith and Sam Jones live together. They are not married but intend to become married in six months. They would like to enter into a agreement that spells out their property rights and responsibilities. Specifically, they want to make it clear that the house in which they now live belongs to Helen as her separate property, even though Sam has done extensive remodeling work on it. They each have separate bank accounts and they share one joint account. They want to make it clear that only the funds in the joint account belong to both of them equally. They each want to keep their retirement accounts. Next year, they hope to give birth to or adopt a child and want each to contribute $50 a month to the child's college fund. Research your Texas' statutes to see what the statutory requirements are for premarital agreements. PART 1.) In a document, make a list of the requirements that a premarital agreement must meet in order to be enforceable. Provide a citation from your state statute. PART 2.) separately a premarital agreement, using the fact pattern above and anticipating as many potential difficulties as possible. Use Westlaw Form Builder Form 63-3 to draft your premarital agreement. Include any clauses you think appropriate (e.g., property rights, making wills, the duration of the contract, the education and religion of childr
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