When a Colorado couple goes through a divorce, there may be certain assumptions made regarding how long alimony and other payments will last. A recent case highlights the importance of clarifying how either individual's death will impact payment arrangements.
When one couple got married in the late 1980's, they had a prenuptial agreement stating that the husband would make regular payments to the wife if they divorced. They payments would last until she died or remarried. The couple did divorce after eight years of marriage, agreed upon the monthly amount (just over $4,300) and payments began.