Generally, when people think about prenuptial agreements, they assume a person is either very wealthy, a celebrity, or both. However, prenuptial agreements, or premarital agreements as it is called in the Jefferson County Courts, can be beneficial for any couple entering into a marriage. Let's look at what prenups do and why you might consider entering into one.
What is a Prenup Agreement?
A premarital agreement is a written document that outlines any conditions necessary to protect each spouse's financial interests. While most people believe prenups are written in anticipation of divorce, they are more commonly pursued in anticipation of death. If one spouse passes away, the prenuptial agreement can outline how the assets will be taken care of. This can help protect the financial situation for the surviving spouse, children resulting from the marriage, and any children from a prior marriage. In short, a premarital agreement works to set all financial issues straight, which can prevent conflict in the future. It also protects fairness, as both parties know about it prior to getting married.
Premarital Agreement Attorney: Reasons to Get One Before Marriage
As experienced family law attorneys serving clients in Wheat Ridge, Arvada, and Golden, we have heard many different reasons why couples have decided to enter into a prenuptial agreement. Some examples are:
- To protect the less wealthy spouse from financial harm
- To protect one spouse from the large debts of the other spouse
- To protect the assets set aside for children from another relationship
- To protect a family business and keep the ownership within the family of origin
- To protect the children from another relationship and the surviving spouse from any conflict over the deceased spouse's estate
- To protect each spouse by predetermining the division of assets should the couple divorce
These are just a few of the many reasons why a couple may want to consider a prenup. If you are planning to get married and want to protect yourself, your future spouse and any heirs you may have, call the knowledgeable family law attorneys from the Pearman Law Firm to help you get started with the process. We will walk you through every step of a prenuptial agreement so you and your spouse feel protected before taking the next step in your life.
If you or someone you love is considering getting a Prenuptial or Premarital Agreement, contact the best family law attorneys from the Pearman Law Firm for a free initial phone consultation at 720-259-9528 or toll free at 888-835-6339 today.
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