Prenuptial Agreements are Ideal for Illinois Residents in Different Professions, Situations, and Circumstances
When most couples consider a prenuptial agreement (also referred to as a Prenup), another word comes to mind: Divorce. After all, the only use you’ll have for a prenuptial agreement is in the instance that your marriage does in fact come to an end one day.
As can be expected, most engaged couples don’t want to consider the end of their relationship, and some may even be unclear about what a prenup is. However, doing so is important, particularly for individuals with existing assets they wish to protect should a divorce occur.
At Lawrence R. Surinak Ltd., we regularly execute prenuptial agreements for individuals in Illinois of different professions, those who are entering a second marriage, or those who have children from a previous marriage they would like to protect in the instance of divorce. As such, we offer 35 years of experience and a close working relationship with clients to guarantee your satisfaction and protection should your marriage end in divorce.
Although Prenuptial Agreements are Often Used to Protect Financial Assets, They Can be Used for Other Purposes as Well
- Protect Existing Children – If you have children from a previous marriage, a prenuptial agreement can protect their interests as you can leave specific assets or properties to them rather than your spouse.
- Protect Both Spouses – A Prenup is often used to protect spouses from each other’s debts.
- Prevent Litigation in Divorce – The financial implications of a divorce, including the division of property and debts, are two of the most contested issues. By specifying how everything should be divided in a prenuptial agreement, you can avoid a costly, lengthy, and emotionally strenuous divorce.
- Protect Individual Assets – If you own property or have other significant financial assets prior to marriage, it’s in your best interest to retain the right to these properties before getting married in a prenuptial agreement.
- Protect Business Interests – If you or your spouse owns a business, a prenuptial agreement will protect the business from being divided in the instance of divorce.
Of course, there are other purposes and instances in which a prenuptial agreement makes sense. By partnering with our firm, we’ll address all relevant issues to ensure you’re protected should you decide to separate from your soon-to-be spouse.
Without a Prenup, You’re Leaving the Division of Property, Debt, and Other Important Matters in Illinois Divorce to Chance
If you decide against a prenuptial agreement, you’re leaving your assets and property owned or acquired both before and after the marriage at the discretion of Illinois state laws. And while your non-marital property is often protected, it can sometimes be brought up in disputes, compromising your ownership.
All too often, prenuptial agreements are thought of in a negative way, signifying the anticipated end of a marriage. At our firm, we view each agreement as a way to protect the interests of both spouses should unanticipated events cause the breakdown of a marriage. Let’s discuss some examples of how a prenup would work for your individual situation.
Contact Lawrence R. Surinak Ltd. to Discuss Examples of How a Prenuptial Agreement Suits Your Long-Term Interests
While it can be difficult to consider the potential of divorce before marriage begins, it’s important to do so. And at Lawrence R. Surinak Ltd., we offer over 35 years of expertise and the careful consideration of both party’s needs to ensure you can have peace of mind should anything lead to a divorce.
If you’re interested in learning more about prenuptial agreements, discussing examples of how a prenup works, or would like to set up a free, 30-minute consultation with Larry to discuss your situation in greater detail, contact us at 630-470-9990 or fill out our convenient online form. We’ll help you understand how the divorce law works in Illinois.
We look forward to speaking with you and helping you better understand why a prenuptial agreement is in your best interest.