Pre-Nuptial Agreement - Chicago Illinois Family Law Blog
Prenuptial Agreements Among Doctors and Lawyers in Chicago
In Chicago’s professional circles, where physicians and attorneys often marry others with similar credentials, a prenuptial agreement isn’t just a financial tool. It’s a form of planning that reflects the complexity of modern careers and lifestyles.
Second Marriage Prenups in Illinois: What Changes and Why It Matters
If you’ve been through a divorce, you may be familiar with how easily financial issues can lead to conflict. For high-net-worth individuals and professionals in Illinois, a well-structured prenuptial agreement for a second marriage is essential for protecting your assets, your family, and your peace of mind.
Celebrity Prenups: Why They Matter (and When They Can Be Challenged)
Prenuptial agreements—often simply called prenups—aren’t just for the ultra-wealthy or high-profile Hollywood couples.
Why Get a Prenuptial Agreement?
Marriage is an exciting milestone, but it also comes with financial and legal considerations. One important step couples should consider before tying the knot is a prenuptial agreement (prenup). While some view prenups as unromantic, they are actually practical tools that provide financial clarity and protection for both parties. At Nottage and Ward, LLP, we help couples navigate the complexities of prenuptial agreements to ensure their future financial security.
How to Know If a Prenup Is Enforceable in Illinois
A prenuptial agreement is an agreement made between two people before their marriage that outlines how they would divide their assets in the event of a divorce. While you would assume this makes a legally binding contract, some aspects of a prenuptial agreement may actually be unenforceable.
What Should I Include in my Prenuptial Agreement?
Prenuptial agreements, commonly known as prenups, have become more and more popular over the past few years. It is very common for young couples to enter into a prenuptial agreement before committing to marriage, so that both parties can be protected should the relationship end in divorce. These agreements are legal documents, and so should be looked over by an experienced family law lawyer before being signed. But it can be difficult to decide what is worth including and what is not. That is why we at Nottage and Ward, LLP have put together this brief guide for you.
What’s the Deal With Prenups?
Today, many couples end up marrying later in life. What that means is each partner already has a life of their own, and more to lose if something goes wrong in the marriage. If you haven’t already, we recommend considering a prenuptial agreement to give yourself an extra layer of legal protection. Here are the facts about prenups.
First Comes Love, Then Comes…?
For most of mankind’s history, marriage has been something of a business decision. A man and a woman were legally bound, often in arrangement by the parents of each party. A dowry of wealth in goods or money was brought by the bride and presented to the husband. Children were expected in the very near future, again, often a part of an agreed-upon business decision; and indeed, when it comes to many household chores or farm work, children were a necessary part of a functioning home. In some cases, having so many children required some of those older kids to take care of the younger ones.
How Sweet It Is…Until It Isn’t
“You’re nobody ‘til somebody loves you,” Dean Martin famously crooned, “so find yourself somebody to love…but be sure to sign a prenup, Frank!” You can almost hear ol’ Deano adding that last line for his buddy, Frank Sinatra, while performing this hit song in their hugely popular act at the Sands Hotel back in the 1960s. Perhaps you should heed his advice…?
He Gave You a What?
The following is a fictional “what-if” scenario that many couples in Illinois may currently be dealing with.
It’s been almost a year and you couldn’t be happier with Mike. He’s charming, sweet, funny, has a good job, keeps a clean bathroom, actually gets along with your mom, and (let’s face it) he’s pretty easy on the eyes. You’ve sampled the dating pool and have come to the conclusion that Mike could be The One. All your friends agree that he’s definitely got The One material—even your mom thinks so!
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