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!
 
 

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 61322

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 61322


We have the greatest pre-nuptial agreement in the world. It's called love.
 
- Gene Perret


A prenup may not make you more likely to get divorced. It may lay a foundation for open and transparent communication that can be the bedrock of a strong marriage.

Engaged couples may be on cloud nine with wedding planning and honeymoon prospects and the very idea of a prenup may seem like the ultimate romance killer. But just because divorce isn't foreseeable doesn't mean a couple shouldn't be aware of their individual and combined assets, debt, cash flow and net worth. Actually, divorce is the true romance killer. Surveys indicate that the leading causes of divorce are communication problems, followed by sexual infidelity and not spending enough time together.

Signing a prenuptial agreement can have its advantages and challenges. In order to understand further the purpose of this document, it would help to see and assess the benefits and drawbacks:

Benefits of a Prenuptial Agreement

• Separately owned property is protected

• Prenup can provide estate planning support

• It clearly identifies what property is considered individual vs. marital or community

• It can reduce conflict and expense in the case of a future divorce


Having a prenup can actually pave the way for practicing open communication with your spouse. Some people may think that discussing money matters can lead to conflict when the exact opposite may be the case. Being frank and open about money and property can help eliminate misunderstandings and support good communication in a marriage.

Talking about money does not only happen only during the creation of a prenup, it can actually happen during the entire course of married life. Handling it early in the relationship can be a good sign that the couple can handle these topics and that both of them are level headed enough when it comes to money and property.


Disadvantages of a Prenuptial Agreement

• It's not romantic. Let's face it. It is kind of uncomfortable to talk about the possibility of your union ending in separation or divorce. Also, discussing money and property can be a hindrance to the couple enjoying the engagement period before the wedding

• Timing is essential. Discussing issues about money management, responsibility for debts, property rights and estate planning can be stressful and unpleasant at any time. Doing it early in the relationship can make it all the more stressful.

• State law protection. The existing state laws regarding the property rights of married individuals indicate the ownership of what you accumulate together during the course of marriage and a prenup cannot override state law. However, the prenup can address individual property accumulated prior to the marriage.

 
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 61322
Total Attorneys - Personal Injury
274297 N Ashland Ave
Chicago, IL 60622
(312) 588-9942
Attorneys, Legal Service Plans
Total Attorneys - DUI
274014 N Ashland Ave
Chicago, IL 60622
(312) 588-9894
Attorneys, Legal Service Plans
Midwest Center On Law
596 Dundee Rd
Glencoe, IL 60022
(847) 242-9570
Attorneys Referral & Information Service
Bankruptcy Attorney In Champaign
3350 Big Pine Trl Ste 105
Champaign, IL 61822
(779) 232-9513
Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys, Attorneys
Troutt Jeff
224 W Market St
Christopher, IL 62822
(618) 439-9427
Attorneys, Family Law Attorneys, Legal Service Plans
Divorce Lawyer In Champaign
3350 Big Pine Trl Ste 118
Champaign, IL 61822
(779) 232-9106
Divorce Attorneys, Family Law Attorneys, Attorneys
Smith & Ortiz
2000 W Chicago Ave
Chicago, IL 60622
(312) 719-9001
Corporation & Partnership Law Attorneys, Attorneys, Labor & Employment Law Attorneys
Fine Mark S
19710 Governors Hwy
Flossmoor, IL 60422
(708) 647-8676
General Practice Attorneys,  Attorneys,  Legal Service Plans,  Attorneys Referral & Information Serv
Qiu Peter Y
2531 W Division St
Chicago, IL 60622
(773) 772-8644
General Practice Attorneys, Attorneys
Black Nandia P
1564 N Damen Ave
Chicago, IL 60622
(312) 283-7971
DUI & DWI Attorneys,  Attorneys,  Criminal Law Attorneys,  Traffic Law Attorneys
Ros Law Firm
2110 W Division St Ste 1
Chicago, IL 60622
(773) 252-7885
General Practice Attorneys, Attorneys
Corsino Joseph C
19710 Governors Hwy Ste 7
Flossmoor, IL 60422
(708) 957-7707
Insurance Attorneys, Attorneys
Cliffeside Grey
1520 N Damen Ave
Chicago, IL 60622
(312) 698-7553
Corporation & Partnership Law Attorneys, Attorneys
Raymond Figueroa
2508 W Division St
Chicago, IL 60622
(773) 698-7134
Attorneys, General Practice Attorneys
Lopez Pyrchalla & Kaufman
1117 N Ashland Ave Ste 1
Chicago, IL 60622
(773) 278-6979
General Practice Attorneys, Attorneys, Legal Service Plans
The Family Law Center, P.C.
19630 Governors Hwy
Flossmoor, IL 60422
(708) 614-6432
Family Law Attorneys, Attorneys, Legal Service Plans, Divorce Attorneys, General Practice Attorneys
Vega Edgar
2642 W Division St
Chicago, IL 60622
(773) 486-6261
General Practice Attorneys, Attorneys, Legal Service Plans
Law Ofc of Edgar A Vega
1133 N California Ave
Chicago, IL 60622
(773) 486-6261
General Practice Attorneys, Attorneys
Total Attorneys - Criminal Defense
PO Box 273724
Hinsdale, IL 60522
(630) 320-6106
Attorneys, Criminal Law Attorneys, Legal Service Plans
Bartell & Barickman
2919 Crossing Ct Ste 10
Champaign, IL 61822
(217) 352-5900
Corporation & Partnership Law Attorneys,  Attorneys,  Business Law Attorneys,  Attorneys Referral &
Total Attorneys - Personal Injury
PO Box 274217
Hinsdale, IL 60522
(630) 755-5662
Attorneys, Legal Service Plans
Stuart B. Handelman, P.C.
19801 Governors Hwy Ste 140
Flossmoor, IL 60422
(855) 766-5609
Attorneys, Bankruptcy Law Attorneys
Vincenta A Luisi
1231 N Ashland Ave
Chicago, IL 60622
(773) 276-5541
Attorneys, General Practice Attorneys, Insurance, Tax Return Preparation, Legal Service Plans
Total Attorneys - Bankruptcy
271885 N Ashland Ave
Chicago, IL 60622
(312) 600-4458
Bankruptcy Law Attorneys,  Attorneys,  Banking & Mortgage Law Attorneys,  Bankruptcy Services,  Lega
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US