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 Warren, IL

Pros and Cons of a Pre-Nuptial Agreement in Warren, IL


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 Warren, IL
Neal & Leroy
300 S Carlton St # 120
Wheaton, IL 60187
(630) 752-9598
Attorneys Support & Service Bureaus
Stauber Jr Raymond W
330 S Naperville Rd Ste 304
Wheaton, IL 60187
(630) 668-9590
Real Estate Attorneys, Attorneys, General Practice Attorneys
Young James A
2100 Manchester Rd Ste 201
Wheaton, IL 60187
(630) 221-9495
Attorneys
Anderson & Associates PC
400 S County Farm Rd
Wheaton, IL 60187
(630) 653-9400
Divorce Attorneys,  Adoption Law Attorneys,  Child Custody Attorneys,  Attorneys,  Family Law Attorn
O'brien Law Offices Pc
300 S County Farm Rd Ste G
Wheaton, IL 60187
(630) 871-9400
Attorneys,  Banking & Mortgage Law Attorneys,  Business Law Attorneys,  Real Estate Attorneys,  Liti
Fawell & Associates
500 S County Farm Rd
Wheaton, IL 60187
(630) 871-9300
Immigration Law Attorneys,  Administrative & Governmental Law Attorneys,  Criminal Law Attorneys,  A
Pape Arthur
100 W Roosevelt Rd Ste A3-102
Wheaton, IL 60187
(630) 933-9300
Attorneys, General Practice Attorneys
Pesch Law Office
620 W Roosevelt Rd Ste A1
Wheaton, IL 60187
(630) 462-9300
General Practice Attorneys, Attorneys
Stone & Johnson
600 W Roosevelt Rd
Wheaton, IL 60187
(630) 221-9292
Attorneys
Reed Elizabeth
400 Knoll St
Wheaton, IL 60187
(630) 752-9256
General Practice Attorneys, Attorneys
Beck Houlihan & Scott
534 W Roosevelt Rd
Wheaton, IL 60187
(630) 933-9220
Divorce Attorneys, Family Law Attorneys, Attorneys
Dupage County Lawyer Referral & Mediation Service
126 S County Farm Rd
Wheaton, IL 60187
(630) 653-9109
Attorneys Referral & Information Service
Clausen Miller Pc
2100 Manchester Rd Ste 1700
Wheaton, IL 60187
(630) 668-9100
Product Liability Law Attorneys, Attorneys, Business Law Attorneys
Yonke A Kent
100 W Roosevelt Rd Ste A4-205
Wheaton, IL 60187
(630) 668-8940
General Practice Attorneys, Attorneys
Dennis W. Hoornstra
100 W Roosevelt Rd
Wheaton, IL 60187
(630) 999-8908
Real Estate Attorneys,  Attorneys,  Family Law Attorneys,  Bankruptcy Law Attorneys,  Business Bankr
Rice & Assoc
311 S County Farm Rd Ste A
Wheaton, IL 60187
(630) 260-8880
Accident & Property Damage Attorneys, Attorneys, Personal Injury Law Attorneys, Legal Service Plans
Linda Roberts & Assoc
104 E Roosevelt Rd Ste 201
Wheaton, IL 60187
(630) 752-8823
General Practice Attorneys, Attorneys, Legal Service Plans
Gately James
8233 185th St
Tinley Park, IL 60487
(708) 424-8789
General Practice Attorneys, Attorneys
Estate Planning Law Group
600 W Roosevelt Rd Ste B1
Wheaton, IL 60187
(630) 871-8778
Estate Planning Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
James J Lenahan Law Office
1115 Wheaton Oaks Ct # 1
Wheaton, IL 60187
(630) 221-8751
General Practice Attorneys, Attorneys
Miglore Salvatore
300 S Carlton St # 130
Wheaton, IL 60187
(630) 933-8400
General Practice Attorneys, Attorneys, Legal Service Plans
Deborah N. Bedsole
2100 Manchester Rd Building-B
Wheaton, IL 60187
(630) 221-8320
Attorneys, Legal Service Plans, Criminal Law Attorneys, Legal Clinics
Naughton Gino
7220 W 194th St # 103
Tinley Park, IL 60487
(815) 469-8300
General Practice Attorneys, Attorneys
Rynning Lawrence K
310 S County Farm Rd Ste G
Wheaton, IL 60187
(630) 682-8061
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US