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Prenuptial Agreements Archives

Prenuptial agreement can be utilized to preserve more than wealth

In the past several years, family law attorneys have seen a significant increase in the numbers of couples who are interested in drawing up marital contracts. While a prenuptial agreement used to be employed mainly by wealthy or celebrity couples, prenups are becoming increasingly popular among a wide variety of couples. Colorado residents who are interested in how these contracts can be useful for their particular situation may benefit from learning more.

There are many false beliefs regarding a prenuptial agreement

It has long been presumed that marital contracts are only intended to protect the assets of wealthy couples. However, a prenuptial agreement can ensure that the interests of both spouses will be provided for if a marriage does not survive. Though Colorado couples may fear initializing this discussion, doing so may allow the parties to engage in effective communications about their impending marriage. 

Prenuptial agreement can strengthen marriage and reduce divorces

Divorce is likely the furthest thing from anyone's mind on the day that they marry. Statistics, though, point to the reality that many marriages will not last over the long term. Many professionals urge engaged couples to sign a prenuptial agreement as a means of supporting the marital relationship. Colorado couples who are preparing to wed may benefit from seeking information about how these contracts can protect them.

Key points to know about the workings of a prenuptial agreement

After news of the marriage between Justin Bieber and Haley Baldwin broke, there has been much speculation over how the couple's assets would be divided in the event their union does not last. A prenuptial agreement affords couples several key advantages, including allowing each to retain his or her separate assets that he or she owned before the marriage. There are several important points that Colorado residents may benefit from if they are considering this type of contract.

Prenuptial agreement may be invaluable for many couples

In today's society, it is common for individuals to enter into a second or third marriage or to delay one altogether until one is more established in life. Many of these couples may find that a prenuptial agreement is just as important as deciding on where and when to exchange wedding vows. Colorado residents who are contemplating taking this step -- whether or the first time or the fifth-- may choose to seek information concerning how these documents could protect them.

Prenuptial agreement can be a valuable asset for any couple

Long before the wedding vows are exchanged, the engaged couple likely works together to ensure that they are in agreement over the major issues they will encounter. However, one important aspect that often gets overlooked is the task of drafting a prenuptial agreement. Though prenups are growing in popularity, many Colorado residents may be unaware of the benefits these documents can provide.

A prenuptial agreement becoming part of millennials' conversation

During the 'Great Recession' that began in 2008, members of the millennial generation were significantly impacted. As a result, this generation appears to be more focused on career goals rather than the traditional milestone of marrying and having a family. It may come as no surprise that this generation is more inclined to seek a prenuptial agreement before they decide to marry. Colorado residents who may be interested in these contracts can seek further information.

A prenuptial agreement can provide peace of mind for any couple

When one hears discussions concerning a marital agreement, it may be assumed that the parties involved have considerable assets that need protection in the event of a future divorce. However, almost any couple could potentially benefit from having a prenuptial agreement in place before they exchange vows. Colorado residents do not need to be in the top percent of the income bracket in order to consider having such an agreement in place.

A prenuptial agreement is useful tool for money management

Budgeting for a wedding and honeymoon can place a strain on a couple's finances from the beginning. Since the average cost for both can run an estimated $30,000, it may be beneficial to both parties to have a serious discussion about financial goals in the beginning of the relationship. To that end, a prenuptial agreement may provide an opportunity for Colorado residents to discuss how they hope to handle their marital finances.

The approach to a prenuptial agreement can make a difference

The decision to propose may seem like the most difficult one in the beginning. However, that may seem easy when it comes time to planning the wedding and handling conversations concerning finances and whether a prenuptial agreement would be appropriate. Colorado residents who are wondering whether this type of contract would be useful may benefit from seeking further information.

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