How Will Our Prenuptial Agreement Affect Our Divorce in Illinois?
The Effects of a Prenup on a Divorce in DuPage County
A prenuptial agreement is a legal document stating the assets of each spouse prior to marriage, and outlines agreed-upon circumstances for divorce. It will affect the process and the outcomes of a divorce by dictating how assets and responsibilities will be divided between spouses.
If you and your spouse have a prenuptial agreement, it will dictate what rights and obligations you have, which will be incorporated into the final judgement for the dissolution of your marriage in the event of a divorce.
If you are thinking about filing for divorce or you have been served with divorce papers, it is crucial that you provide a fully executed final copy of the prenuptial agreement during your initial divorce consultation with your divorce attorney.
While you hope you will never need the prenuptial agreement, the efficiency that comes from having a prenuptial agreement could reduce your legal fees.
A prenuptial agreement may contain details such as lists of each person's assets, guidelines for dividing up assets that are acquired during the course of the marriage, which particular assets will be retained by each party, each person's debt responsibilities, and limits for alimony.
While you may love one another and agree on everything at the time that you are married, a divorce can change that. Battling over assets is never a pleasant experience. Outlining those details early on, when you are still agreeable, helps to eliminate some opportunities for debate should you decide on a divorce.
When a decision is made to file for divorce, a prenuptial agreement will act as a guide to expediting the divorce process. It will help to eliminate conflict during a time that is undoubtedly stressful enough for both parties, and will alleviate the fears of not knowing what the outcome will be.
Contact Us for Help With Prenuptial Agreements
MKFM Law has been assisting clients in the DuPage, Kane, Will, and Kendall County areas with prenuptial agreements and divorce proceedings for decades. Contact a DuPage County divorce attorney at MKFM Law for help with your prenuptial agreement by calling 630-665-7300.