Marital Agreement Attorney in Denver Colorado
Prenuptial
and postnuptial agreements are a type of contract. Therefore, they
must comply with ordinary principles of contract law. Pursuant to
ordinary principles of contract law, a party to a contract cannot
say that he or she did not know the contents of a contract he or she
has executed, and a party signing an agreement is bound to know its
contents even if the party did not read it.
Since marital agreements are a
specialized form of contract, they are also subject to certain
principles and considerations set forth in the Colorado Marital
Agreement Act ("the Act"). The Act provides that marital agreements
shall be in writing and signed by both parties, and are enforceable
without consideration. The Act also provides that a marital
agreement becomes effective upon marriage, if signed by both parties
prior to marriage, or upon the signatures of both parties, if signed
after marriage. After a marital agreement becomes effective, it may
be amended or revoked by a written agreement signed by both parties.
The amended agreement or revocation is enforceable without
consideration.
A marital agreement, amendment or revocation is presumed enforceable
unless the challenging party proves: (a) such party did not sign the
agreement, amendment, or revocation voluntarily; or (b) before
signing the agreement, amendment or revocation, such party was not
provided a fair and reasonable disclosure of the property or
financial obligations of the other party. Thus, a successful
challenge to the enforceability of a marital agreement requires the
challenging party to prove that he or she did not enter into the
agreement voluntarily or was not provided a fair and reasonable
disclosure of the other party's property or financial obligations.
There is no Colorado law permitting termination of a marital
agreement solely because of failure of one party to fulfill his or
her obligations thereunder. In Colorado, a party seeking to
terminate a contract must do so within a reasonable time frame.
Further, all payments and things of value must be returned and all
benefits must be adequately compensated if termination occurs. A
party may not cease to perform a contract in part and affirm it in
part, or rescind a contract, yet retain some benefit from it.
We Have Prenuptial & Postnuptial Agreement Attorneys to Draft your Contracts
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We serve the following Colorado Cities:
Denver, Aurora, Centennial, Greenwood Village, Westminster, Thornton, Boulder, Broomfield, Louisville, Commerce City,
Englewood, Arvada, Arler, Castle Rock, Brighton, Lakewood, Littleton, Golden, Morrison, Highlands Ranch, Lone Tree
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