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When you get married, you’re most likely just starting out and don’t have assets.
So, what’s even the point of getting prenuptial agreements in Colorado?
Prenuptial agreements in Colorado can get used to determine things like:
These are just a couple of the items a prenup in Colorado can cover.
So, let’s dig into it.
Prenuptial agreements in Colorado get used to determine lots of things about marriages.
This can include things like:
This list is not all-inclusive.
But it gives you an idea of what you can accomplish with a prenuptial agreement in Colorado.
Prenups are not only used in the event of a divorce.
They can help couples figure out lots of things during their marriage.
Prenups help ensure your marriage is successful long term.
Prenups in Colorado allow you to control distribution of your property upon death.
Either spouse can use a Colorado prenup to keep family from previous marriages from getting inheritance.
Let’s say you were previously married with children.
If you were to pass away, you probably want some of your inheritance to go to them.
Without a prenup, the state decides who gets what.
And that means your spouse may get everything, leaving your children with nothing.
Prenuptial agreements in Colorado can clarify how property should get distributed.
Financial instability is a leading cause of divorce in Colorado.
Colorado prenuptial agreements can add stability to your finances during marriage and divorce.
Your prenup will lay out your current debts and assets.
If your spouse has a ton of debt, you may want to keep that as separate property.
Without a prenuptial agreement in Colorado, this would become marital property.
That means, in a separation, you’d be responsible for paying off half your spouse’s debts.
A prenup will also allow you and your significant other to come up with a debt payoff plan prior to your marriage.
As you can see, Colorado prenuptial agreements add lots of financial stability.
A prenuptial agreement is an agreement that two people enter into before their marriage.
A prenup allows couples to agree on how to divide property, debts, and other financial issues for separation.
Without a prenuptial agreement in Colorado, the courts will make financial decisions for you in divorce.
Getting a prenup allows you and your spouse to come up with a fair agreement that works for both of you.
From our experience with divorces, when the courts decide, you will not be happy with the decision.
It’s better to come to a fair agreement on your own that works for both of you.
Some of the most common reasons people get a Colorado prenuptial agreement are:
Prenuptial agreements are not for everyone.
But there are several reasons you should consider getting a prenuptial agreement in Colorado.
You should get a prenup if either of you:
Again, this is not an exhaustive list of why you should get prenuptial agreements in Colorado.
If you have a special case you’re curious about, fill out the form on this page for a free consultation.
You have two options when it comes to how to get a prenup in Colorado.
Your prenup should be written in a way that’s clear, understandable, and legally sound.
If the prenup is written incorrectly, it will not hold up in court during a divorce.
This means that the judge can choose to ignore your prenuptial agreement.
Which means your finances will be divided per the law.
(Also known as how the judge wants to split things up for you.)
Your marital property, separate property, and debts will get split according to family law.
And if one of you dies, the other spouse:
If you want to have a prenup attorney create a prenup for you, fill out the form on this page.
We will make sure:
But how much does a prenup cost?
How much does a prenup cost depends on your situation.
If your finances are straightforward, then a prenup costs between $1,200 and $2,400.
The more you and your significant other have to negotiate, the more your prenup will cost.
If you have complex financial issues, prenups can cost up to $10,000+.
These are things like businesses, inherited trusts, LLC, partnerships, etc.
For the average person, you can expect a prenup to cost between $1,200 and $2,400.
If you want to save money on the cost of a prenup, check out our Do-It-Yourself Prenups.
The requirement for prenuptial agreements in Colorado are:
A prenuptial agreement in Colorado can cover a lot of issues.
A prenup defines the rights and obligations during marriage and divorce.
These issues include:
A prenup can include some of the following issues:
Child custody and child support can not get determined by a prenuptial agreement in Colorado.
The judge is going to determine what is in the child’s best interest.
Meaning they will be making the decision on how much custody and child support gets awarded.
Parents cannot take this decision-making power away from the judge with a prenuptial agreement.
Even if you did include it in your prenuptial agreement in Colorado, the courts would ignore it.
While you can’t limit child support, you can increase it in the prenup.
Let’s say you both agree on how to divide college expenses.
You can include this in your prenup in Colorado.
You can include alimony in your prenuptial agreement in Colorado.
In Colorado, you can:
Prenups limiting alimony are a grey area in family law.
The judge has the right to ignore your prenup limiting alimony.
The judge can still award alimony to your spouse.
Even if there is a prenuptial agreement that limits the alimony.
They will overrule your alimony you agreed upon in the prenup if it seems unfair or retaliatory.
If a parent quits work to stay home with the children, the judge may award them alimony.
If a spouse is marrying into wealth, the judge may not overrule the prenup.
It all depends on what the judge deems as fair.
And in Colorado, both individuals have to hire a separate prenup lawyer for alimony clauses.
Per the Uniform Premarital Agreement Act, both spouses have to have separate lawyers review the prenup for alimony.
If they do not, then alimony clauses in a prenup won’t be enforceable.
There are some other guidelines for signing a prenuptial agreement in Colorado.
Each spouse should be:
According to the Uniform Premarital Act, Colorado prenuptial agreements are only enforceable if each spouse:
Let’s say each spouse does not hire a separate prenup lawyer.
In this case, anything affecting alimony in the prenup will not be enforceable.
A prenup in Colorado will automatically become effective once the couple marries.
A Colorado prenup covers the couple’s present and future property rights.
There are things that are enforceable and unenforceable in a Colorado prenup agreement. Enforceable provisions in a prenuptial agreement in Colorado are:
You’re able to specify a lot of things with a prenuptial agreement. But let’s talk about what’s unenforceable on a prenuptial agreement in Colorado:
Including unenforceable provisions can cause the judge to ignore your entire prenup.
