Chicagoland Area Lawyers For Prenuptial Agreements
When couples prepare to get married and unite their two separate lives into one household, the possible end of their marriage is probably one of the last things on their mind. However, it is often a good idea to prepare for every eventuality, and creating a prenuptial agreement (which is also known as a premarital agreement, or informally as a “pre-nup”) can provide spouses with legal and financial protections if their marriage ever ends, either because of divorce or the death of a spouse.
At Botti Marinaccio, LTD., our attorneys have over 100 years of combined experience in family law, and we take a family-oriented approach to every case, working with our clients to meet their legal needs. With our help, you can rest assured that you will have a valid, enforceable prenuptial agreement that provides you with a sense of security if your marriage experiences trouble in the future.
Benefits Of A Prenuptial Agreement
A prenuptial agreement acts as a contract between spouses, and it can address a variety of issues, including the rights that spouses have regarding the property acquired before or during their marriage, how marital assets and debts will be divided during divorce, and whether one spouse will pay spousal maintenance following the end of their relationship.
Prenuptial agreements can provide spouses with protection in a number of situations, including:
- One spouse earns a higher income – When one spouse earns more than the other, or one spouse decides to stay home to raise children rather than pursue a career, a prenuptial agreement can specify that the lower-earning spouse will receive spousal support that will allow them to maintain financial security following divorce.
- One spouse has significant assets or debts – A spouse may wish to protect their property (such as real estate) from being subject to division during divorce. Likewise, if a spouse enters the marriage with large debts, a prenuptial agreement can specify that the other spouse will not be responsible for those debts following divorce.
- One or both spouses own a business – Family-owned businesses often represent significant marital assets, and these businesses may not be able to survive the division of marital assets during divorce. A prenuptial agreement can specify how ownership of a business will be handled, ensuring that it will be able to continue operating if the marriage ends.
- One or both spouses have children from a previous relationship – When one spouse dies, the other spouse is entitled to inherit half of their estate. However, a spouse may wish to ensure that certain assets will be inherited by their children, and a prenuptial agreement can guarantee that their wishes will be carried out correctly.
Contact The Family Law Attorneys At Botti Marinaccio, LTD.
At Botti Marinaccio, LTD., our skilled attorneys will work with you to create a prenuptial agreement that addresses your unique situation and provides you with the reassurance that you will have the resources you need if your relationship with your spouse comes to an end. The law firm of Botti Marinaccio, LTD. solves problems through negotiations or, if necessary, at trial through a judge’s decision. Contact the main office today by calling 630-934-2192 or filling out the online contact form.