Pre-Nuptial Agreements in Illinois
A prenuptial agreement, also known as a prenup, is a legal contract created by the soon to be married couple who wish to establish legal protection for each other before getting married.
This agreement typically is used to list all of the property each person owns, and any debts, which specifies what each persons rights will be after the marriage.
Who needs a Prenup?
Despite popular opinion, considering getting a prenup is not just for the wealthy or those who have substantial assets.
Here are a few reasons why some people choose to write up a Pre-Nuptial Agreement:
Properly writing a Prenup
As divorces and remarriages have become more prevalent, courts are favoring premarital agreements. However, a Prenup that is found by a Judge to be unfair or fails to meet state requirements will be ignored and can cause delays. If considering premarital protection such as a Pre-Nuptial Agreement, talk to a family law attorney, such as Faye M. Lyon, to discuss options and avoid mistakes.
Thinking a Pre-Nuptial Agreement is right for you and your spouse?
Schedule a consultation with Rockford's Leading Family Law Attorney, Faye M. Lyon.