While we think that every couple should at least consider this option before marriage, there are certain situations in which it becomes even more essential. We understand that it might be too pessimistic for you to go forward with this, but remember, a premarital agreement is just a way of avoiding things to go ugly if you ever end up in a situation where divorce is the only resort.Īdditionally, it allows you and your partner to have faith in each other and be able to clarify things beforehand so that there are no surprises entering the marriage. We have already talked about what exactly a prenup is, but after getting an understanding of that, couples might think that it is unromantic and rude to think about what will happen after divorce before even getting married.
Still, it is always recommended to seek legal advice with respect to your state as minute changes in the law can have more substantial effects on the overall situation. Several aspects will be the same no matter which state you are in. While every state has its own set of laws for different situations, today we will be focusing on the law with regards to Illinois when it comes to a prenup. Also, the reason why both the parties agree on it is that if it ever ends up in divorce, they both would have to face consequences that are nothing but added stress in an already tense situation. The reason why this agreement has been so common is that the issues a couple might have to face at the time of divorce concerning property and debt and how it will be handled can be endless. It generally talks about how the spouses will handle financial assets, property, and debts (if any) during and after the marriage has ended, if that were the case. But the decade that we are now living in has witnessed people from all backgrounds signing up for this because of various aspects that your agreement can cover, which will not only benefit both the parties if it ends up in divorce but also throughout the marriage.Īlso known as a premarital agreement, a prenup is an agreement between potential partners that is signed by both parties before marriage and which comes into effect from the time of their marriage. We can agree on the fact that there was a time when the ratio of elite and rich people getting a prenup signed was way more than anyone else.
However, this is just one aspect of looking at this whole process. If you have this in mind, we won’t say that you are wrong. This is the case because generally, a prenup is thought of as an agreement that only those couples have to look into in which at least one party is wealthy and wants to protect the pre-marital property in case the marriage does not work. Now, if you have limited knowledge about what is a prenuptial agreement, you might have gotten confused by the above statement. We provide the best consul service and our rates are affordable compare to other big law firms in the area. One way of doing so is by getting a prenuptial agreement before marriage not only to be clear about what you are stepping into but also be able to build trust and strengthen the bond.Ĭontact our Chicago prenuptial agreement lawyers to get you started. With the rate of divorce increasing every day, couples need to keep in mind that the decision to get married is also practical and not just an emotional one. You might end up having kids, creating a family of your own, and living happily ever after (if that is a thing), or you might have issues that can get to an extent where it becomes unbearable to be with the person. Marriage is not just about two people who are madly in love with each other but also about everyone else that might already be connected to it, or that may get connected in the future.