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Discussions about prenuptial agreement often tough but necessary

When Jeff and MacKenzie Bezos announced via Twitter that they were filing for divorce, their announcement sparked a discussion over the value of pre-marital contracts. As it happens, the couple did not sign a prenuptial agreement, which could make the subsequent process more complicated. There may be many Colorado residents who are uncertain as to whether a prenuptial agreement could be beneficial for their circumstances.

Some might feel that the idea of a prenuptial agreement is reserved for only the wealthiest of couples. However, there may be many valid reasons to enter into such an arrangement, even for those with more modest means. These contracts may be especially applicable when there is an appreciable disparity of assets between the spouses. In addition, a prenup may be helpful if there is an existing business or if either partner was previously married and has children that he or she wishes to provide for in the event of death or divorce.

In general, a prenuptial agreement is a contract between a couple that is entered into prior to marriage. This agreement is intended to protect the financial interests of each party, and in some cases, it may determine how assets and property will be divided should a couple decide to divorce. These contracts can address a myriad of topics -- though anything relating to children or child support cannot be handled in this manner.

Though the divorce rate among certain age groups has slowed, it still remains relatively high on average, which means that preparing for the possibility may be a prudent step. Although many couples may be uncertain as to whether they have enough assets to protect, there may be other reasons to consider such an arrangement. Colorado residents who wish to learn more about how a prenuptial agreement could provide peace of mind may be best served by consulting with an experienced family law attorney. 

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