The Advantages Of Signing A Prenuptial Agreement In The State Of Illinois

When we open up a business partnership, we ought take into account all possibilities, including dissolution. Some don't seem to do the same diligence before getting married. While half of all marriages end in divorce, between five and ten percent of those signed prenuptial agreements. Many regard such an agreement as anticipating failure. The same logic could be applied to life insurance. Are you anticipating dying an untimely death by getting it? The answer is usually "no." With a prenuptial agreement, you are simply taking proper precautions in the unfortunate event it dissolves. And when there are children from a prior relationship involved, it is also quite important to define what each future spouse feels is fair in the event the "what if" occurs.

There is no romantic way to pop the "Will you sign a prenup?" question -- though offering to sign a prenup is generally well-received by the party whom is more likely to want the prenup. Regardless, with the help of an attorney the process can be far less detrimental than the one you could go through if you didn't sign one.

Gone are the days when the prenuptial agreement was meant to safeguard a wealthy spouse from their fortune being siphoned by a party with less than good intentions. Now, both men and woman contribute equally and both are coming into a marriage with assets they would like to maintain in the event of a divorce, especially if they have children or a family business or a livelihood and customers they want to protect from the intrusion of over-zealous divorce attorneys.

Know this, there are very poor prenuptial agreements out there, and outstanding documents as well. If this subject is important to you, it is downright silly to not obtain a customized and personalized agreement, drafted by an experienced practitioner.

If you are engaged to be married and haven't considered a prenuptial agreement, contact Attorney Vincent Ruggiero at 630-654-0044 for information regarding how you and your partner can benefit from prenuptial agreement in DuPage, Will, Kane, and Cook Counties.