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Prenuptial Agreements Archives

Can a prenuptial agreement benefit me even if I’m not wealthy?

If you live in Colorado and are planning to get married, you may be wondering about prenuptial agreements and whether signing one with your spouse is the right move for you. Often times, when you hear about prenups, it is in connection with celebrities, wealthy businesspeople and others who have a lot to lose in the event of a divorce. However, prenups can serve many purposes and you may still want to consider one even if you do not have a massive bank account.

Divorcing when one spouse has a lot of debt

Money is an issue that many couples in Denver argue about and for some, it may one of the things that causes a marriage to eventually end in divorce. When one person is responsible with money and the other spends often and racks up debt, it can be a recipe for disaster. However, how the spender’s debts will affect his or her spouse will depend on the circumstances.

What is a postnup and why do people have them?

If you are living in Denver, you may be familiar with the idea of a prenuptial agreement where two people put issues regarding their finances in writing before they get married. Prenups can be a useful tool, whether you want to protect your money going in to the marriage or want to sort out how things will be divided in the case of a divorce. However, you can still do those things after your wedding by entering into a postnuptial agreement. While lesser known, a postnup can do all the same things that a prenup can and more.

When prenuptial agreements include lifestyle clauses

Many couples who get married in Colorado opt to sign a prenuptial agreement before tying the knot. A prenuptial agreement can be very useful in setting forth certain terms in the event of a divorce, particularly when it comes to how finances and property will be divided.

Prenuptial agreements becoming more popular with millennials

Despite the fact that they are often viewed negatively and as only being for the very wealthy, prenuptial agreements can actually benefit many different types of couples in Denver. While they can be used to protect financial assets that each person brings into the marriage, they can serve other purposes as well reports Business Insider.

Property division not likely to be an issue in Brangelina split

For many people in Colorado, getting married is one of the most important events in their lives. While the notion of signing a prenuptial agreement may be unromantic to some people, having one in place can protect both parties and their finances in the event the marriage does not work out.

How can I protect my business in the event of a divorce?

Hardly anyone goes into a marriage expecting it to end in divorce. However, if you are a Colorado business owner, or think you may end up owning a business during the course of your marriage, you have a lot to lose should things take a turn for the worse. However, there are some steps you can take to make sure your business and the assets that go along with it are protected if your marriage falls apart.

How should I approach my partner about signing a prenup?

No matter how long you have been together, having a conversation about finances with your partners can be hard. While having a prenuptial agreement in place can provide many benefits for both of your financial futures, there is a stigma attached to prenups that makes many people nervous about approaching the subject with their partners. According to the Huffington Post, how you approach the topic can make all the difference and there are some strategies you can use to make the conversation go smoother.

What could happen if you don’t have a prenup?

Divorce is never an easy thing to go through, even for Denver couples going through an uncontested split. If you don’t have a prenuptial agreement, things might get even messier. What happens to all your stuff during the divorce proceedings if you and your spouse never had a prenuptial agreement drawn up?

Can a prenuptial agreement be made void?

An increasing number of Colorado family law experts and committed couples alike agree that establishing a prenuptial agreement prior to getting married is the right thing to do. Not only can creating a prenup give you the opportunity to talk to your soon-to-be husband and wife about important financial and lifestyle decisions, but it can also go a long way to safeguard your rights and finances in the event of divorce. Prenup agreements are just like any other legal contract, however, and can be rendered invalidated under certain circumstances.

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