Pre- & Post-Nuptial Agreements
Affordable Divorce Lawyer in Boulder, Colorado
Entering into a marriage can be one of the most joyous moments in a person's life. The unexpected can occur, however, and it is wise to take proper precautions to prevent the worst consequences. No one wants to go through a tough divorce, so speak with a Boulder divorce attorney from Flatiron Legal Advisors, LLC, to learn how to protect your rights. We would be happy to provide impartial insight that can help you understand every aspect of your pre-nuptial or post-nuptial agreement.
What is a pre-nuptial agreement?
Most people have heard the term "prenup" before, but most do not actually know what a prenup entails. A prenup - or a premarital agreement - is made before a couple enters a marital relationship. The agreement can protect both spouses' interests and addresses particular elements that can be enforced in the event that the couple decides to divorce.
A prenup can address the following:
- Division of property and debt
- Rights and obligations of each party under the protection of insurance, wills, employment benefit, retirement plans, and the like
- Requirements for spousal support or alimony
Although prenups often get a bad reputation for seeming like a way to make divorce an easier option, this characterization of the agreement is certainly inaccurate. Pre-nuptial agreements can offer the peace of mind that both spouses' rights, interests, and assets are safeguarded if the couple does end up in divorce later down the road. It can help them address financial and other concerns before the marriage and, in some cases, help strengthen the relationship.
Post-Nuptial Agreement
Post-nuptial agreements are identical to pre-nuptial agreements in terms of the issues that they address. The only difference is that the spouses can legally sign the agreement after they are married. The purpose of the post-nuptial agreement is to preserve the marriage and make specific legal arrangements official. The agreement will specifically address the issue of allocating marital and separate property.
Protect Your Investments with a Respected Attorney
Due to recent Colorado legislation, including revisions to the Uniform Premarital and Martial Agreement Act, enforcing a pre-nuptial or post-nuptial agreement may become a tedious and complex issue during a divorce.
A well-enforced and drafted agreement will be crucial and can prove to be an essential element in a divorce involving high net worth and high-value assets. When your marital agreement is being disputed, you will need the help of a skilled attorney who has the competence and legal skill to represent you, your assets, your rights, and your family.
If you want to protect your rights and investments during your divorce, contact our firm immediately.