Prenuptial agreements (or, simply, prenups) are contracts that can stipulate certain financial responsibilities for the marriage and/or specific financial or property rights in the event of a divorce.

Although you may think that prenups are only for wealthy people, you should know that these agreements can be very effective even when people don’t currently have substantial wealth, and below, we will point out just some of the cases in which having a prenup can be beneficial.

You May Want to Develop a Prenup If…

  • A trusted Denver family lawyer points out some of the situations in which developing a prenup can be a good idea. Contact us for help resolving any family legal issue.

    A trusted Denver family lawyer points out some of the situations in which developing a prenup can be a good idea. Contact us for help resolving any family legal issue.

    You own part of (or an entire) business, or you are planning on starting a business in the near future.

  • You have inherited a sum of money (or some property), or you will be inheriting some asset(s) in the near future.
  • You have children (and/or grandchildren) from a previous relationship.
  • You have assets (such as a home, real estate, etc.) that you want to maintain as separate property.
  • You are substantially more financially stable than your partner (because, for instance, your partner is bringing significant debt into the marriage, you are wealthier than your partner, etc.).
  • You will be paying for the education or training of your partner.
  • You have parents or other loved ones who you are caring for and/or financially supporting.
  • You expect your income or earnings to significantly increase in the future.

Developing Prenups: More Important Info

When you’ve decided that developing a prenup is a good idea for you and your marriage, you should also be aware that:

  • There are specific requirements for developing a legal prenup in Colorado, so be sure to contact an attorney for assistance to ensure that your agreement is legally binding (i.e., will hold up later in court if necessary).
  • Prenups can include “sunset clauses,” which effectively provide an expiration date for these agreements. For instance, a sunset clause in a prenup can stipulate that the agreement is no longer valid after 10 or 20 years.
  • There are certain things that prenups cannot cover, such as future child custody arrangements. In fact, if or when prenups contain illegal provisions, those provisions – or the entire prenup – can be thrown out.

Denver Family Lawyer at the Law Office of Bruce H. Rabun, LLC

When you need assistance devising a prenup or resolving any family legal matters, you can trust Denver Family Lawyer Bruce H. Rabun to provide you with caring, aggressive representation and the highest quality legal services.

When you trust your case to Denver Family Lawyer Bruce H. Rabun, you can be confident that he will work diligently and relentlessly to defend your interests and help you successfully resolve your family legal issues while preserving what is most important to you.

To get professional advice about your family law issues and find out more about how he can help you, call (303) 221-7899 or email our firm using the contact form on this page. From our office in Centennial, we represent people throughout the Denver metro areas, Arapahoe County, Douglas County and Jefferson County.

Categories: Prenups