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.
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.
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.
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.
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.