Prenuptial Agreements in Palmer Lake
Colorado law allows parties, before they get married, to agree how their premarital and post-marital assets will be divided if their marriage ends in a divorce or legal separation. This allows parties to protect their premarital assets, particularly assets that may appreciate during the marriage, such as retirement accounts and real estate. Because Colorado law can convert the appreciation (increased value) of a premarital property to a marital asset, parties often enter prenuptial agreements to allocate the property and the appreciation to the party that originally owned the asset.
However, there are limits to a prenuptial agreement. For example, parties cannot waive child support in a prenuptial agreement. Also, agreements regarding spousal maintenance (alimony) are reviewed by the court under the "unconscionable" standard. When drafting an agreement that includes spousal maintenance, it is very important the parties and attorneys understand Colorado prenuptial agreement law and have experience drafting prenuptial agreements.
Our relentless attention to detail and preparation ensures a prenuptial agreement that will survive a contested divorce.
Drafting a prenuptial agreement is not simply stating each party will retain all the assets they brought into the marriage. The law requires both parties to exchange financial disclosures identifying the assets. Additionally, the law protects one party from being unfairly forced into a prenuptial agreement. For example, the court will consider who drafted the agreement, was the other party represented by counsel, did the other party have enough time to review the assets and the agreement, before the parties were married. If the prenuptial agreement does not comply with Colorado law, the court has the discretion to set aside (not enforce) the agreement if it finds the parties did not comply with the law. Palmer Lake attorneys of Travis Law Group are experienced at guiding clients through this process and drafting a prenuptial agreement that will survive a contested divorce.
Travis Law Group ensures your goals and interests are protected in the prenuptial agreement.
Drafting a prenuptial agreement is a comprehensive process; however, it does not have to be adversarial. After all, a prenuptial agreement is only drafted when parties plan to get married. The last thing we want to do is derail the marriage. We have drafted agreements for professionals and non-professionals. Regardless of our clients’ employment, we approach the drafting process the same way.
The process starts with a meeting with you and discussing why you are considering a prenuptial agreement. Many clients want a prenuptial agreement because their prior marriage ended poorly, and they would like to protect their property for their children. For some clients, this is their first marriage, but they have accumulated substantial assets and would like to avoid fighting over property. Whatever your reason for the prenuptial agreement, once we have discussed your goal and intent, we help you achieve those goals in a respectful manner that does not sabotage the reason you want a prenuptial agreement in the first place.
We Know Colorado Prenuptial Agreements
Our prenuptial agreement lawyers draw on years of prenuptial agreement law experience, right here in Palmer Lake. As past chairman of the Colorado Springs Family Law Bar and a speaker at family law conferences, Rich Travis stays on top of the latest cases and rulings in colorado family law. And we have assembled a talented and passionate team of lawyers, paralegals, and staff, enabling us to diligently and expeditiously handle your case. We will respect your wishes and work to advance your interests while maintaining the highest standard of ethical, legal, and professional integrity.
Our prenuptial agreement attorneys practice all aspects of spousal support law including:
- Protect their assets
- Protect their inheritance
- Protect their children’s assets
- Protect their children’s inheritance
- Plan for the possibility of a divorce
What sets us apart?
At Travis Law Group, we pride ourselves on providing the highest level of advocacy and support for our clients. We build relationships on trust and integrity and we value open and honest communications. We strive to respond to your phone calls and emails within one business day - we even provide our cell phone for emergency legal situations. And we keep you updated on the status of your case as it progresses.
Services we offer in Palmer Lake
- Family Law Palmer Lake CO
- Divorce Palmer Lake CO
- Military Divorce Palmer Lake CO
- Child Custody Palmer Lake CO
- Child Support Palmer Lake CO
- Spousal Maintenance Palmer Lake CO
- Post-decree Matters Palmer Lake CO
- Prenuptial Agreement Palmer Lake CO
- Personal Injury Palmer Lake CO
More info about Palmer Lake
Palmer Lake is a Statutory Town in El Paso County, Colorado, United States. The population was 2,420 at the 2010 census. Palmer Lake was founded by General William Jackson Palmer in 1871 and was incorporated in 1889.
Palmer Lake is one of three communities in the Tri-Lakes region between Denver and Colorado Springs. The three lakes are Palmer Lake, Monument Lake, and Lake Woodmoor. Located off Interstate 25 near two major metropolitan centers, Palmer Lake is a growing community on the Front Range of the Rocky Mountains.
Palmer Lake Colorado Map