Highlands Ranch Prenuptial Agreements Attorneys
Though couples enter marriage with the intention of remaining together, statistics suggest otherwise. While the topic of a prenuptial agreement may be seen as a negative attitude toward "happily ever after," in reality, it is simply a pragmatic approach to the realization that almost half of marriages end in divorce. Colorado residents who are aware of the possibility of a future divorce may see a prenup as tool for financial stability .
Prenuptial agreements ensure that separate assets will remain separate property unless stated otherwise. Those who are starting out with few assets may not see a need to plan ahead, but a well-drafted contract protects future assets in the event of a divorce. States fall into one of two categories when it comes to marital property laws: community property or common law property. In community property states, assets owned before the marriage will remain separate, while assets earned during a marriage will typically become subject to division in a divorce. A prenup can work to safeguard certain assets provided they are included in the contract as being separate property.
For many couples in their 20s and 30s, the idea of drafting a marital contract may not rank as a high priority in their wedding plans. However, couples who are preparing for a second marriage may find that a prenuptial agreement is the perfect fit for their needs. Colorado residents who are entering into a marriage later in life often have more assets that they wish to protect in the event of a divorce or death.
Couples who elect to re-marry in their later years have different priorities and concerns than a couple who marries earlier in life. Often, these marriages involve spouses who have children from a previous relationship and have accumulated considerable assets during their lifetimes. In addition, older couples may bring unequal wealth into the marriage that could leave one spouse struggling with financial hardships in the event the marriage does not last.
Prenuptial Agreements Are A Smart Proactive Step
A prenuptial agreement is an excellent way to protect your assets and express your wishes going forward in a marriage. It is crucial to have an understanding and knowledgeable lawyer draft this marital contract for you so it will hold up in court while properly expressing your goals. At the Law Offices of Brandon R. Ceglian, P.C., in Colorado, you can rely on our family law attorneys to create a contract that properly protects your interests.
Prenuptial agreements are governed by the Colorado Marital Agreement Act. This law requires that certain steps be taken to properly create premarital contracts. If the steps laid out in the statutes are not followed exactly, your contract could fail in court. At the Law Offices of Brandon R. Ceglian, you can rely on our knowledge and proven experience to draft strong contracts that protect you while following the correct statutory guidelines.
Postmarital Agreements In Colorado
Colorado family laws allow for agreements to be made both before and after a couple has been married. If you are currently married, but still feel that there may be an added benefit to a postmarital contract, we can help. Many individuals start businesses or enter into other endeavors that would be best protected by creating a marital agreement. When you encounter these situations, or others similar to them, you can rely on our experience to lead you through the process.
Do I need a prenuptial agreement?
While a prenuptial agreement is not required for parties entering into a marriage, it is highly recommended. A prenuptial agreement can address important legal concerns that may arise if the marriage one day ends in divorce. Nobody enters into a marriage with divorce in mind. But the reality is that divorce can happen. It is better to be prepared on the front end than to face difficulties down the road.