Chicago Prenuptial Agreements Lawyers
HELPING YOU NAVIGATE THE LEGAL COMPLEXITIES
Chicago Prenuptial Agreement Lawyers
Putting Proven Proficiency on Your Side
If failing to plan is truly planning to fail, then prenuptial agreements are a critical component of a successful marriage and, should the unexpected happen, a successful divorce. At Reed, Centracchio & Associates, LLC, we have drafted many prenuptial agreements for clients in Chicago, Hinsdale, Cook County, DuPage County, Will County, and Kane County.
We take pride in working with clients from all walks of life, age groups, educational backgrounds, and economic statuses in molding prenuptial agreements to meet your needs. While most people believe that prenuptial agreements are only for the very wealthy or celebrities, many couples can benefit from comprehensive agreements that clearly define their rights and responsibilities in terms of assets, property, and financial arrangements should their marriage end in divorce. If you are a responsible person and wish to discuss planning your future, we invite you to contact us.
Book your free initial consultation with a Chicago prenuptial agreement attorney at (312) 500-8344 or by submitting your contact details online.
Prenuptial Agreements in Illinois
While very few people exchange vows anticipating that a divorce is in their future, statistics tell us that nearly half of all first-time marriages do in fact end in divorce. The numbers are even higher for subsequent marriages. Having a well-thought-out blueprint to follow during the marriage can only help provide stability and prevent arguments.
- During the marriage, how will you and your future spouse treat premarital assets and inheritances?
- How will you treat marital income and expenses?
- How will you treat any debt load that each party may bring into the marriage?
- How will you treat other assets such as real estate, financial investments, retirement, and the like?
- Who will be expected to contribute to marital expenses and in what percentage?
- If one party owns the marital residence, who contributes to the mortgage and pays down the principal? And will it ever become marital property?
- If you divorce, how will these same assets and/or debt be treated upon dissolution of your marriage?
- What about spousal support?
- How will a family business be valued?
Second and third marriages add an even greater level of complexity to the situation. Are there children from other relationships that stand to inherit? In such a situation, you arguably have a responsibility to your children to make sure that the euphoria you feel today does not leave them unprotected in the future.
In addition to working out all these financial details, the first step in creating a comprehensive prenuptial agreement is full disclosure of all assets, financial arrangements, and debt by both sides. This eliminates surprises and places honesty and trust as the foundation of your marriage.
Clearly, one needs only a marriage license to marry. Entering into the contract of marriage is easy, yet what comes after the "I do’s" is everyday life, which can be complicated. Even worse, divorce can be a nightmare. Having a good prenuptial agreement can avoid arguments, stress, and financial losses. Put the distinguished team at Reed, Centracchio & Associates, LLC in your corner to accomplish this vital task in preparation for your upcoming marriage.
Please send us a message or call (312) 500-8344 to speak with a lawyer.