Prenuptial agreements are legal contracts entered into before marriage that outline how assets and liabilities will be handled in the event of a divorce or death. These agreements provide clarity and security for both parties, ensuring that each person’s financial interests are protected. By establishing clear terms for the division of assets and liabilities, prenuptial agreements help prevent potential disputes and can make the process of separation or estate distribution much smoother if it ever becomes necessary.

In addition to addressing how assets will be divided, a prenuptial agreement can also work in conjunction with your overall estate planning, such as a will and trust. While the prenuptial agreement covers how assets should be managed during the marriage and in case of divorce, your will and trust ensure that your assets are distributed according to your wishes upon your passing. Having both a prenuptial agreement and a well-structured estate plan ensures comprehensive protection and clarity for all parties involved.

Asset preservation is another important aspect that can be addressed within a prenuptial agreement. By clearly defining what assets are considered separate property and how they should be managed, couples can protect their individual wealth and avoid potential financial disputes. This is particularly valuable for individuals entering the marriage with significant assets, business interests, or inheritance concerns, allowing them to safeguard their financial future.

Ultimately, prenuptial agreements play a crucial role in the division of assets and liabilities, providing a predetermined plan that can help avoid lengthy legal battles. When combined with a thorough estate plan, they offer a complete strategy for managing assets throughout various stages of life. This level of foresight ensures that both parties’ interests are protected, and that financial matters are handled in a fair and equitable manner, regardless of what the future may hold.

Helping You Create A Marital Agreement That Protects You

A marriage agreement is essentially a binding contract between two parties. The purpose of the marriage agreement is to allow the parties to decide how property will be divided if the parties later divorce or separate. The court will uphold a marital agreement as long as both parties voluntarily enter and provide reasonable disclosure of the property or financial obligations contained in the agreement.

At Littman Family Law, our lawyers for marriage have over 30 years of combined experience protecting assets for clients in the Denver metro area and elsewhere throughout Colorado. We will listen to your concerns and provide options that suit your needs and unique circumstances.

Benefits Of Marriage Agreements

There are several benefits of entering into a marriage agreement, including:

• Certainty about property division in the event of a future divorce or legal separation
• A less expensive divorce or legal separation process
• The ability to protect one’s property as separate property

At Littman Family Law, we are skilled in property division law. Whether you are looking for assistance in drafting a marriage agreement, enforcing an agreement, or seeking to set aside an agreement, we are ready and able to assist you. Send us an email or call 303-832-4200 today.