Should I Consider a Prenuptial Agreement Before My Illinois Wedding?

IL family lawyerPreparing for a wedding is a busy, thrilling, and nerve-wracking time. There are so many things to think about and so much romance in the air that considering a prenuptial agreement is often the last thing on the bride or groom’s mind. After all, nobody gets married believing that they will eventually get divorced.

Unfortunately, the statistics on divorce are clear. Many marriages do eventually come to an end, and many divorces are hostile and combative in nature. Although it may feel as though such a thing could never happen to you, spending just a few hours on a prenup now could protect you from months or even years of conflict, heartache, and expense in the future. Here are some common reasons couples get prenuptial agreements.

Protect Your Assets

This is perhaps the most common reason for a prenup: One spouse has valuable assets and wishes to keep them in their entirety if the marriage ends. A prenup can protect real estate, investments accounts, small and large businesses, and even overseas assets. Clearly outlining these things in a prenup can prevent extended litigation and negotiation during a divorce.

Protect Your Financial Obligations

A prenuptial agreement does not just protect your assets - it can also protect your expenses. If you or your spouse have been previously married and divorced, your new marriage will not stop any current financial obligations in the form of child support or spousal maintenance. A prenup can state that certain funds must be used to pay pre-existing familial obligations.

Protect Yourself From Your Fiance’s Debt

The average cost of college tuition has risen at the same time that the average age of marriage has increased. Today more than ever, partners who are getting married may already have substantial personal debt. Student loans are almost impossible to discharge, and the financial consequences of mismanaging any kind of debt can be serious and long-lasting. Someone whose fiance already has, or is likely to have, substantial debt can use a prenup to protect themselves from having to help pay off their partner’s loans after divorce.

Speak with a Hinsdale, IL Family Law Attorney

Understanding whether a prenuptial agreement is right for you can be difficult, especially when there are so many other things to do before your wedding. The DuPage County family law attorneys with Law Office of Martoccio & Martoccio will make the prenup process straightforward and easy to understand. Protect yourself now and in the future. Contact our offices online or at 630-920-8855 to schedule your free consultation.



Recent Blog Posts



Free Initial Consultations

phone 630-920-8855
address15 North Lincoln Street, Hinsdale, IL 60521
phone 331-588-6611
address21 North 4th Street, Geneva, IL 60134
Our firm handles family law and personal injury matters for clients in Chicago and throughout the western suburbs including DuPage County, Will County, Kane County, Cook County and the cities of Aurora, Bloomingdale, Bolingbrook, Burr Ridge, Carol Stream, Darien, Downers Grove, Elmhurst, Glen Ellyn, Hinsdale, Joliet, Kendall County, Lombard, Naperville, Oak Park, Oak Brook, Oakbrook Terrace, Clarendon Hills, Oswego, Park Ridge, Roselle, St. Charles, Geneva, Villa Park, Warrenville, Wheaton, Western Springs, LaGrange, Winfield, Woodridge and Yorkville.

© 2022 Law Office of Martoccio & Martoccio 15 North Lincoln Street, Hinsdale, IL 60521 630-920-8855

OVC Lawyer Marketing

Share Your Experience