One or both members of a couple may want to have a prenuptial agreement before entering into marriage. Family law courts in Denver and other U.S. cities often use these documents as a guideline when settling a divorce. This legal contract is meant to protect non-marital property and assets in the event of a divorce and to help ease the property division process.
Even the prenup was argued over in the nasty divorce proceedings between former NFL great, Deion Sanders, and his estranged wife, Pilar. The two have been in and out of court for hearings related to their divorce for more than a year. Most recently a court ruled that the couple's prenuptial agreement would stand. The soon to be ex Mrs. Sanders wanted the document nullified because, according to her, at least parts of the contract were faked.
Now that the court has legitimized the agreement, the asset and property division will be carried out according to its stipulations. That was one of the last hold ups to finalizing their divorce. The specifics of the agreement and how the couple's assets will be divided have not been released. Child support and custody disputes were also recently settled.
Although a prenup should prevent any needs for a hearing regarding the splitting up of property and assets in a divorce, sometimes the agreements themselves are points of contention. Especially in cases where there are significant assets and bank accounts, a divorce attorney can help navigate the legal system to ensure equitable division of properties, funds and other assets.
Source: NBC 5 Dallas-Fort Worth, "Prenuptial Agreement Will Stand in Sanders Divorce", March 20, 2013