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The benefit of a prenuptial agreement for couples in Colorado

Marriage is an exciting step that is made when the lives of a couple are joined. While the time surrounding a wedding is filled with anticipation, there are serious decisions that have to be made. A prenuptial agreement is one resource that couples can take advantage of to prevent future conflicts concerning finances and assets. Couples in Colorado preparing to get married have resources available to them that may assist in the decision-making process. 

Prenuptial agreements are created prior to one's marriage and can be beneficial to a couple regardless of their financial status. Many people believe that these agreements are meant for those with a great deal of assets and finances. However, those who currently have limited assets, but may anticipate more in the future, can also be protected by a prenuptial. 

Prenuptial agreements can clarify whose accounts and debts are whose. Furthermore, if one spouse may inherit significant finances or possessions in the future, those resources can be safeguarded by this agreement. Family businesses that may be passed down later on and professional licenses are other assets that can be covered in a prenuptial. These agreements can also ease division of assets in the case of a divorce. 

No matter one's current financial status as he or she approaches a marriage, a prenuptial agreement can lay out who is responsible for or possesses which assets. Couples in Colorado that are making decisions about their future life together can use a prenuptial agreement to prevent disputes later on. While prenuptial agreements may seem unnecessary, they oftentimes prove to be beneficial.

Source:, "Why You Need a Prenup to Marry Even If You Think You're Poor", Marc Levy, Oct. 6, 2014

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