Top 6 Reasons DuPage County Couples Should Have a Prenuptial Agreement

 Posted on March 31, 2022 in Prenuptial Agreements

Getting a prenuptial agreement does not mean that you are preparing for divorce–far from it. Couples who are able to successfully negotiate a prenuptial agreement show excellent communication and compromise skills, which are both indicative of a strong couple. Prenuptial agreements can actually cover more than just divorce terms, and can also help couples who do make it until death do they part. However, there is always a chance that you will one day decide to split up, in which case your prenuptial agreement can protect both of you. There are also legal safeguards in place to prevent a drastically unfair agreement from being enforced, so the risk level might be lower than you think. It is always a good idea to be represented by your own attorney while entering a prenuptial agreement.

Why Should Every Couple Have a Prenuptial Agreement?

Having a prenuptial agreement in place can be extremely helpful in the event that you do get divorced, but the reasons you need one are not limited to the agreement’s helpfulness in divorce. Reasons you might want a prenuptial agreement include:

• Financial clarity - During the process of negotiating a prenuptial agreement, both of your complete financial situations will come to light. This can help you enter your marriage with full knowledge of each other’s finances.

• Protecting children - Especially if either of you has children from a previous marriage, a prenuptial agreement can be useful for estate planning purposes. Family heirlooms or property can be identified as one spouse’s separate property, so if one of you passes away, you can be more sure that family property passes to the deceased spouse’s children.

• During marriage - Some couples use their prenuptial agreements to solidify agreements related to the marriage. This could involve just about anything that is not otherwise illegal.

• Estate plan - The terms of a prenuptial agreement can require one or both spouse’s to create an estate plan like a will or trust that leaves certain property to the other spouse.

• Lower risk - Prenuptial agreements will not be enforced if they are grossly unfair or if one spouse was coerced. You do not need to worry that you will be left with no way to support yourself if there is a significant income disparity or you do not work for pay.

• Ease of divorce - Of course, if you do divorce, it will be a much easier process if you have a prenuptial agreement.

Call a DuPage County Prenuptial Agreement Lawyer

Calabrese Associates, P.C. is skilled at helping couples reach a fair agreement. Our Naperville prenuptial agreement attorneys will work with your spouse’s lawyer to help you arrive at an agreement that protects you both. Call 630-393-3111 for a free consultation.

Source:

https://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2087&ChapterID=59