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Prenuptial agreement illinois template8/26/2023 Beyond the financial affairs, prenuptial agreements can make any eventual divorce process more efficient, less costly, and less time consuming. A party may anticipate receiving property in the future, such as inheritances or gifts, or they may be in the fortunate position of having multi-generational wealth in their family. A party may have existing assets or wealth that they want to protect, including income. There are many reasons why a prenuptial agreement may be beneficial. What are reasons a couple should get a prenup? Nor can the parties preemptively deal with parental responsibilities for a child where decision-making, custody, and parenting time or visitation are concerned. ![]() ![]() Note, however, that the parties cannot adversely affect the right of a child to support through a prenuptial agreement. In appropriate circumstances prenuptial agreements are very useful. Prenuptial Agreement Lawyer Chicago What is a prenuptial agreement?Ī prenuptial agreement (or premarital agreement) is a contract between parties prior to their marriage that sets forth financial rights and responsibilities in the event of divorce, including property rights and claims to income.
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