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There has always been a stigma associated with premarital agreements, especially when they are presented in the wrong way at the wrong time.  Many people have learned the hard way that the proposal and the premarital agreement should never be brought up in the same conversation.  In fact, most divorce lawyers in Colorado Springs recommend discussing premarital agreements long before an engagement takes place. 

As much as most starry-eyed couples hate to admit it; statistics don’t lie.  More than half of all marriages end in divorce, and these numbers haven’t changed since couples started living together before marriage.  The truth is, it makes sense to protect your assets, inheritance or family business from the impact of a divorce.  In reality, most premarital agreements are a lot less worrisome than they seem. 

If you are considering a premarital agreement or a “pre-nup” as some call it, then there is one very important thing to remember.  Do not, under any circumstances, attempt to draft this agreement and have it signed without the advice of an experienced attorney. 

Do I really want a divorce lawyer to handle my premarital agreement? 

Premarital agreements are often challenged in court, and many are dismissed because the language of the agreement wasn’t legally binding.  Others are turned down because of how they were signed, or because they override existing laws in the state of Colorado. Divorce lawyers are the ones who are most experienced with the flaws in premarital agreements.

With so many qualified divorce lawyers in Colorado Springs, it pays to have your agreement reviewed and edited by someone who knows exactly what needs to be included.  The ideal agreement will be drafted like any other financial partnership agreement and should include the following:

• The specific assets to be preserved
• The financial condition of the parties at the time of the agreement
• How the marital income will be generated
• How expenditures during the marriage will be accounted for
• How separate assets will be preserved and valued as they are traded, sold and reinvested at a later date
• How marital debts will be allocated if the marriage ends

In the end, the marital agreement should not be one-sided; it should be a mutual agreement between the parties. 

Need help?  The best team of divorce lawyers in Colorado Springs to handle your premarital agreement is the team at Marrison Law.

Patricia Marrison is a Family Law attorney in Colorado Springs, CO. and the owner of the Marrison Family Law LLC, Colorado Springs largest Family Law practice.  The Marrison Family Law LLC is devoted to assisting with the difficulties of the breakup of relationships, be it common law marriage, a non-marriage with children, or dissolution with or without children. We attempt to serve the entire spectrum of relationships, from those couples with the simplest, uncontested dissolution to the highly conflicted relationship involving allegations of domestic abuse.