Premarital Agreements in Illinois

 Posted on December 29, 2016 in Prenuptial agreements

If you andy your partner are soon to be married, you may want to consider the option of taking a  proactive approach by getting a premarital agreement. In the state of Illinois, a prenup is an agreement made by a couple before they get married that concerns the ownership of their respective assets if their marriage were to fail for any reason.

How to Get a Prenup in Illinois

Before you take the steps it takes to get a prenup you may want to speak with your future spouse about moving forward with the idea. You can explain to your partner that a prenup can protect both of your interests and can be mutually beneficial.

How a Prenuptial Agreement Can Help Your Marriage

A prenup may save substantial time and money by eliminating the need to go to court to settle any disputes, can determine who is responsible for the financial duties, they also can organize who will inherit your property, assets, and money.

Why Partners Should Get a Prenup

It may be beneficial to consider a prenup because it is a sound financial planning and plan out the couple's preferences for spousal support and maintenance. If you have children, a prenup can define how child expenses, such as childcare and education, will be determined as well.

What Is Covered in a Prenup

Assets acquired before the marriage, inheritance, or personal objects, financial support, determine how joint property will be divided if you were to get divorced, it states where joint-property will go if one or both of the parties passes away during the marriage.

Contact a Premarital Agreement Attorney

If you are considering to get married to your partner and believe that a premarital agreement may provide you and your future spouse the protection that you need, contact a skilled Kane County family law attorney. The [[title]] will provide you with the help you need. We assist couples with their premarital agreements with compassionate and skilled legal professional. Mr. Larson realizes the importance of protecting your personal or individual property while preparing for your marriage.   Source: http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2087&ChapterID=59