12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

FAQs about Pre-Nuptial Agreements in Zip Code 60150

FAQs about Pre-Nuptial Agreements in Zip Code 60150


I love being married. It's so great to find that one special person you want to annoy for the rest of your life.
 
- Rita Ruder


Many couples find that a prenuptial agreement helps increase their security during the marriage, and ease the transition should it end. Others believe that starting out with a request for a prenuptial feels like it will create a foundation of distrust and be a cloud over what might otherwise have been a happy union.

Prenups offer predictability and marriage and the future can be unpredictable. If you've been through a terrible divorce in the past, asking for a prenup may be a no brainer. If you have children from a prior marriage and want to protect them financially, you may want a prenup. It really is up to the couple to decide.

A prenuptial agreement is a contract or agreement between two people prior to their marriage. This document contains different issues like provisions for the division of property, spousal support in the event of break-up of marriage and other matters. Planning your wedding can also include a plan for your prenuptial agreement. Dealing with your finances beforehand and agreeing upon certain rights and responsibilities can avoid dealing with conflict, uncertainty or the state law on divorce later.


Questions about Prenuptial Agreement

Q. Is a prenup valid if signed right before the wedding?

"Two hours after we got married, we signed our prenuptial agreement, is it invalid? I have heard that signing it 48 hours before a wedding is not valid."

A. There is no such hard rule about invalidation if a prenup is signed right before the wedding. A prenuptial agreement is legal as long as both persons have a full knowledge of the contract and its underlying meaning. If one prospective spouse is considered less sophisticated than the other when it comes to financial issues, and this person was placed under pressure or threat to sign, the court may set aside the prenup. A last minute signing will likely cause the court to take a closer look at your prenuptial agreement. But timing alone won't invalidate it.

Q. Can a prenuptial agreement protect us from my spouse's ex seeking more child support?

A. Couples who plan to get married with kids on one or both sides should adopt a sensible prenup and an estate plan before the wedding to provide for the kids under any future scenario. A prenuptial agreement that keeps property strictly separate makes sense, because it can keep it out of reach of your spouse's ex that make seek an increase in child support based on the assets that you bring to the family. Depending on the state of residence, a prenup can result in savings when it comes to child support because the balance sheet of your spouse is not inflated by your income.


Q. Can I remain the rightful owner of my home after marriage and have my spouse become a tenant?

A. As long as the real estate is kept separate, property owned by a person prior to his or her marriage can solely belong to that person. If the new spouse starts to contribute to mortgage payments or improvements, the ownership issues begin to get complicated. In order to avoid this uncertainty, a written agreement between you and your spouse can be drafted that will put into writing that your new spouse agrees to pay a reasonable rent in order to become your tenant. It will also specifically state that you are still the owner of the property.

Q. Can a post nuptial agreement be done on your own without a lawyer?

A. Yes, although a post nuptial agreement can have strict requirements about its preparation and signing, it can be done without a lawyer. There are state requirements that you should also consider when writing this agreement.


Q. If my fiancé is heavily in debt, should I refuse to marry him?

A. If a spouse-to-be owes money, your properties and assets that were yours before you got married will not be use to lien on his debts. Those debts he had before you got married will remain on his own accountability. There is an important exception, however, if you live in a community property state. Creditors can go after your property that either of you earned or acquired during your marriage. If they do, your only recourse is to ask for reimbursement from your spouse for the portion of that property collected by the creditors on your spouse's premarital debts.

In order to avoid this from happening, it would be wise to have a Premarital Agreement in order to protect the assets you owned before you were married. This will shield you and your property from any creditors coming after to collect your fiancé premarital debts.

 
Personalize & Print a Free IL Premarital Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Related Legal Services near Zip Code 60150
Kohn Timothy F
1301 La Salle St
Ottawa, IL 61350
(815) 433-9924
Attorneys, General Practice Attorneys, Legal Service Plans
Schweickert & Ganassin LLP
124 E Jefferson St
Morris, IL 60450
(815) 348-9672
Accident & Property Damage Attorneys,  Attorneys,  Employee Benefits & Worker Compensation Attorneys
Gray Robert L
5206 W Elm St # 104
McHenry, IL 60050
(815) 344-9480
General Practice Attorneys, Attorneys, Legal Service Plans
Reilly Charles T
4310 W Crystal Lake Rd Ste D
McHenry, IL 60050
(815) 385-9321
Legal Service Plans,  Bankruptcy Law Attorneys,  Attorneys,  Real Estate Attorneys,  General Practic
Miskell Law Ctr
218 W Madison St
Ottawa, IL 61350
(815) 431-9300
Insurance Attorneys,  Attorneys,  Social Security & Disability Law Attorneys,  Accident & Property D
Miller Jeanne M
4123 W Shamrock Ln # A
McHenry, IL 60050
(815) 759-8900
General Practice Attorneys, Attorneys, Legal Service Plans
Mac Meekin Colin
5010 W Elm St
McHenry, IL 60050
(815) 363-8731
Family Law Attorneys, Divorce Attorneys, Attorneys
Roberts Charles
504 W Main St
Olney, IL 62450
(618) 395-8220
Attorneys,  Family Law Attorneys,  General Practice Attorneys,  Legal Service Plans,  Bankruptcy Law
Fuhrmann Kathleen
1163 Fawn Cir
Manteno, IL 60950
(815) 468-8133
Attorneys, Family Law Attorneys, General Practice Attorneys, Legal Service Plans
David Giesinger
4103 W Crystal Lake Rd
McHenry, IL 60050
(815) 900-7528
Attorneys, Criminal Law Attorneys, DUI & DWI Attorneys
Krieg Thomas A
200 S 1st Ave
Morton, IL 61550
(309) 263-7500
Wills, Trusts & Estate Planning Attorneys,  Attorneys,  Real Estate Attorneys,  Legal Service Plans
Brammer Law Office
5447 Bull Valley Rd
McHenry, IL 60050
(815) 900-7498
Real Estate Attorneys,  Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Assistan
Rupp & Youman
4306 W Crystal Lake Rd
McHenry, IL 60050
(815) 385-7444
Estate Planning Attorneys,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Corporation & P
Clark Hough & Racklin Ltd
305 E Main St
Olney, IL 62450
(618) 395-7363
Estate Planning Attorneys, Attorneys, Family Law Attorneys, Divorce Attorneys, Personal Injury Law A
Dallas Ingemunson PC
124 E Jefferson St
Morris, IL 60450
(815) 900-7332
Attorneys, Criminal Law Attorneys, Family Law Attorneys
West Stephen J
628 Columbus St # 102
Ottawa, IL 61350
(815) 434-7250
Bankruptcy Law Attorneys, Attorneys, Legal Service Plans
Thielen Mark D
226 W State St
Jacksonville, IL 62650
(217) 245-7148
Probate Law Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
Hurst Jonathan D
226 W State St
Jacksonville, IL 62650
(217) 245-7148
Attorneys, Criminal Law Attorneys, Divorce Attorneys, Attorneys Referral & Information Service, Pers
Crews Richard
226 W State St
Jacksonville, IL 62650
(217) 245-7148
Attorneys,  Criminal Law Attorneys,  Accident & Property Damage Attorneys,  Corporation & Partnershi
Veith Thomas L
816 W State St
Jacksonville, IL 62650
(217) 245-7111
General Practice Attorneys, Attorneys
Bellatti Fay Bellatti & Beard
816 W State St
Jacksonville, IL 62650
(217) 245-7111
General Practice Attorneys, Attorneys, Legal Service Plans
Carpenter Eddie
305 W State St
Jacksonville, IL 62650
(217) 245-7015
Attorneys, General Practice Attorneys
Hanson & Hanson, , P.C.
1802 N Division St
Morris, IL 60450
(815) 942-6700
Attorneys, Social Security & Disability Law Attorneys
Dobbs Gary A
422 Liberty St
Morris, IL 60450
(815) 942-6680
DUI & DWI Attorneys, Attorneys, Criminal Law Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US