Tag Archives: DuPage County prenup lawyer

Illinois divorce lawyerA prenuptial agreement is a legal contract made by a couple before they get married that outlines how assets will be split in the event that their marriage ends, Often times, couples are hesitant to get a prenuptial agreement because of the negative connotations attached to it. They believe that if they get a prenuptial agreement, they are expecting their marriage to fail.

However, this is far from the truth as the purpose of a prenuptial agreement is to provide spouses with a financial safety net if their marriage does not work out. Although a prenuptial agreement may never be used, it’s a smart decision for couples to get one prior to getting married. Here are five reasons you should get a prenuptial agreement with your soon-to-be husband or wife:

1. You Are Wealthier Than Your Spouse

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Illinois prenup laws, Illinois divorce lawyerWhen you make the decision to enter into a marriage, you, like those before you, believe that the union will last forever. You have visions of your happily ever after and holding the hands of your loved one well after your hair loses its color. However, for a significant portion of the population, life happens, and the plans change. Especially due to high divorce rates, more couples inquire about entering into a prenuptial agreement, also known as a prenup, before tying the knot. For most Illinois cases, this contract is enforceable. However, this is not true for all situations.

Illinois Uniform Premarital Agreement Act

After the engagement and before the wedding a discussion about what happens if things go sour is a good idea. Although no one likes to taint the joyous occasion with negativity, marriage is a binding legal union, and it is well-advised to create a plan of action for if the contract collapses. A prenuptial agreement, or premarital agreement, delegates when everyone is on agreeable terms what should happen to property, investments and other earnings when everyone is not-so-willing to negotiate. This agreement must be in writing before signing the marriage certificate and becomes valid only after the union legally begins. Most areas of marriage may be included, except child support and visitation rights. A few items often included in such an agreement are:

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Illinios prenuptial lawyer, Illinois divorce attorneyFor anyone who follows the glitz and glam of the Hollywood crowd, there is no doubt prenuptial agreements have always been a mainstay on Hollywood Boulevard, but has the prenup finally traveled to Main Street, U.S.A.? The answer, yes as it is now notable that prenuptial agreements are not reserved for the rich and famous. It is estimated that more prenup agreements are being drafted at the request of 46 percent of women nationwide.

As researched as far back as 2010, an interactive Harris poll revealed that 44 percent of all singles and 49 percent of all couples who enlisted the assistance of a prenuptial agreement attorney believed that a prenuptial agreement was not only a good idea but an integral part of the wedding plan process. Fifteen percent of those polled had wished they had opted for one.

The following six factors may prove the most influential as the landscape of prenuptial agreements undergoes a territorial expansion.

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