Financial Disclosure in Texas Prenups

Disclosure is more than a list of bank accounts

A useful disclosure process considers real estate, businesses, investment and retirement accounts, trusts, equity compensation, debts, contingent interests, and other material financial rights or obligations.

The legal standard is state specific

This state’s statutory enforcement framework expressly addresses financial disclosure, waiver, and knowledge in specified circumstances. Counsel should apply the current statutory language to the facts.

Good records reduce ambiguity

Schedules, statements, valuations, and supporting documents can help identify what was disclosed and reduce later factual disputes.

Complex wealth deserves extra care

Closely held companies, trusts, family entities, carried interests, private investments, and compensation packages may require more than a simple account balance.