The millennial generation has embraced a once taboo marital agreement. The prenuptial agreement or “prenup” is a contract between two soon to married parties that delineates how the couple’s assets will be distributed in the event of divorce.
Previous generations found prenups indecorous, believing it would cast a pall over the imminent marital union. But younger couples are captivated by the security and peace of mind afforded by the agreement.
Marriage as a practical matter
Prior generations perceived marriage as a sacred union steeped in tradition and inviolable doctrines. Millennials see things differently.
Many 20 and 30 somethings consider marriage a practical decision that’s meant to maximize self-fulfillment and personal satisfaction, much in the same vain as other important life decisions like choosing a career or picking a university. Life’s other endeavors have “escape hatches” in case things don’t go as expected, so why not marriage?
Older, Wealthier Couples
Millennials are putting off marriage to finish graduate school and start careers which means their entering marriage with more wealth and assets. The prenup is an efficient and effect means of protecting these assets in case happily-ever-after isn’t all it’s cracked up to be.
Don’t leave your assets to fate
We all work hard to build wealth for both ourselves and future generations. What we’ve worked so hard to build shouldn’t dolled according to the whims of a judge.
An experienced divorce attorney can ensure your assets are protected in the event of separation. They understand the nuances of the law and the evidence needed to prove your case.
Colorado residents shouldn’t hesitate to seek help; the outcome of a divorce is often determined by decisions made early in the process. If cost is a concern, many firms offer a free initial consultation at no out of pocket cost to the client.