Anyone in Cook County who is planning to get married should consider a prenuptial agreement. While prenuptial agreements—also known as premarital agreements or simply as prenups—used to be considered important only for couples who were likely to have a high net worth divorce or who had substantial assets they wanted to protect in case the marriage did not work out. However, premarital agreements can be beneficial for many different couples, regardless of income level.
Whether you have questions about developing a premarital agreement or need assistance enforcing a premarital agreement in your divorce case, an experienced Cook County prenuptial agreement lawyer can assist you. An advocate at Arami Law can speak with you today about your options.
In Cook County, the Illinois Uniform Premarital Agreement Act (750 ILCS 10/) governs prenups throughout the state. According to the statute, a premarital agreement is defined as an agreement made between two people who intend to get married, and it becomes effective when the marriage is made official.
Anyone who is planning to get married can enter into a premarital agreement, and these contracts can be beneficial for many different types of couples. Although it may not feel romantic to suggest entering into a premarital agreement that outlines terms about property and other financial matters in the event of divorce, these documents can protect both parties in the long run.
Prenuptial agreements are contracts through which parties can reach an agreement about property. Common elements in prenuptial agreements include but are not limited to:
There are many other matters that can be included in premarital agreements. However, it is important to understand that child support, or the right to child support, can never be affected by a prenuptial agreement.
To be enforceable, a prenuptial agreement must be in writing, and it must be signed by both parties. There are some situations in which premarital agreements are unenforceable. The statute lists some of the following examples:
Prenuptial agreements can be beneficial for any couple planning to get married in Cook County. To learn more about drafting a prenuptial agreement, or for assistance with enforcement issues surrounding an existing premarital agreement, you should reach out to a Cook County prenuptial agreement attorney as soon as possible. Contact Arami Law for more information.
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