How a prenuptial agreement may affect divorce in Colorado

Most people in Colorado, as well as other states, enter marriage hoping to remain united to their spouses for the rest of their lives. The reality is, however, that this not always possible. For reasons that may vary according to individual circumstances, spouses often choose to divorce at some point.

Divorce is seldom easy, and, in some situations may be downright complicated, especially if the parties involved are facing problems regarding division of marital assets. Many people say the way to prevent such issues from impeding the settlement process is to make sure to sign prenuptial agreements before getting married in the first place. Some couples are hesitant to do so because they think it unromantic.

Others, however, understand the many benefits a solid prenuptial contract can provide. For instance, one or both spouses may have property or assets heading into marriage that they’d like to retain as separately owned. Others have debt connected to college loans or business ventures that they want to relegate to a particular spouse.

Although no one likes to think his or her marriage will end in divorce in court someday, many believe it is good to be as prepared as possible, just in case. Laws pertaining to prenuptial agreements vary by state. Therefore, it is typically best to seek clarification of the law’s in one’s state before drafting a specific agreement. A family law attorney is able to offer guidance regarding such contracts, as well as any other family law issues a Colorado couple may be facing at this time.

Source: FindLaw, “How to Determine if a Prenuptial Agreement is Right for You“, Accessed on Dec. 19, 2016