Prenuptial Agreements

Should We Sign a Prenuptial Agreement Before We Get Married in Illinois?

Posted on Friday, 30 September 2022 in Prenuptial Agreements

kane county prenuptial agreement lawyer The time leading up to a wedding is one of great joy and excitement. While the planning can be stressful and overwhelming, both spouses usually look forward to what they anticipate will be one of the best days of their lives.

In the milieu of new love, it can be difficult to know whether to bring up the subject of a prenuptial agreement. After all, it hardly feels romantic to discuss the end of a marriage before it has even begun. However, the time before a marriage is not only the ideal legal time to sign a prenuptial agreement - it is also the best time to fairly negotiate an agreement that has the potential to offer essential protection to both spouses if they do eventually get divorced. Here are some factors to consider as you try to decide whether a prenuptial agreement is right for you.

When Should a Couple Sign a Prenup?

While pop culture gives many people the impression that only the rich and famous use prenuptial agreements, this is far from the truth. Even if both spouses are going into a marriage without owning any personal assets, it can be valuable to agree to avoid conflict around money if you get divorced by creating an agreement about spousal support, debt, and more.

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Benefits of Creating a Prenuptial or Postnuptial Agreement

Posted on Monday, 18 February 2019 in Prenuptial Agreements

McHenry County prenup attorney Although prenuptial and postnuptial agreements are often associated with the benefits they may provide during the divorce process, not all of their perks are related to divorce, or even legal separation. While you are blissfully planning your upcoming nuptials or are happily married, you may find the idea of a prenup or postnup unromantic or unappealing. However, these types of contracts do not doom your marriage to failure. Marriages that begin with such contracts often have a more open and honest beginning, which can create a stronger foundation for a long-lasting union.

These are some of the primary benefits that many couples enjoy when they create a prenuptial or postnuptial agreement:

Open Communication Before You Say “I Do”

Finances are often a hot topic during divorce cases, especially when it comes to hidden debts or assets. Many people enter into marriage only to discover that their new spouse has thousands of dollars in student loan debt. When you add that to the price of a potential mortgage and the wedding expenses themselves, there may be little left with which to begin a family. A discovery of this magnitude can put a strain on any union and alter the dynamic of a family, forcing spouses to adjust their goals and expectations for their marriage.

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