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A Colorado resident may benefit from a prenuptial agreement

A prenuptial agreement is often viewed as a way for someone who has a large number of assets to protect those assets from being lost in a divorce in the future. However, there are many reasons to complete a prenuptial agreement before marrying. In fact, prenuptial agreements are just as important for the average Colorado resident as they are for high-net-worth individuals.

Advisors say that the most important rule to follow while drafting a prenuptial agreement is to be nice. The agreement, after all, is between two people who plan to spend their lives together. So, talk to each other about the issues when things are going well and both parties are happy with the current situation. Also, the prenuptial agreement should be finalized early in the engagement – ideally all papers should be signed no closer to the wedding date than one month.

Lifestyle clauses should not be added to the agreement as they are mostly unenforceable should the agreement be questioned in court. Prenuptial agreements are important even for couples with no assets at the beginning of a marriage. They can answer important questions, such as which person will pay for a new home, how much money will go into a savings account each month and what happens to assets when one person dies.

A Colorado family law attorney can help draft a prenuptial agreement. Each person should have his or her own representative to ensure that the decisions made regarding his or her future are in his or her own best interests. In addition, by involving a legal professional, one can have peace of mind from knowing that the agreement will be enforceable should divorce happen in the future.

Source: The New York Times, "How to Negotiate a Prenup", Malia Wollan, March 20, 2015

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Brandon Ceglian's practice focus is family law, landlord-tenant law / real estate, civil litigation, criminal / DUI, and collections. View Attorney Profile

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Adam Beckman’s areas of focus are family law, adoptions and prenuptial agreements, and criminal law/DUI. View Attorney Profile

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