In reality, even though marriage is supposed to be the happily ever after, it frequently ends in divorce. In order to emerge as financially intact as possible after divorce, it is recommended that the intended partners draft a solid prenuptial agreement. Colorado residents may discover that these contracts serve an invaluable purpose should a marriage dissolve.
It is estimated that more than one-third of marriages today will end in a divorce. In the past, only the wealthy or more prominent members of society would consider a prenuptial agreement an essential element in wedding plans. However, Colorado residents who are planning to marry are encouraged to consider the merits of drafting these important documents.
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.
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.
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.
Couples heading to matrimony are sometimes advised by well-meaning friends and family to get a prenup. Some may argue they have no intention of ever divorcing, or they may feel there are not enough assets to make a prenup worthwhile. These are just some of the reasons given by people who do not have a prenuptial agreement in Colorado. One's financial status at the time of a marriage does not preclude the possibility of a high-asset divorce later in life.
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.
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.
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.
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.