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Naperville family law attorneysIf you and your significant other are considering tying the knot, you may have thought about signing a prenuptial agreement, or “prenup.” A prenup is a legal contract that lists each party’s property and debts and identifies what each party's property rights will be if the marriage ends. Prenuptial agreements, also called premarital agreements, have unfortunately gotten a bad reputation due to television and outrageous celebrity weddings. Prenuptial agreements can offer a wide range of protections for spouses and can help a couple better prepare for a happy and successful marriage.

Myth 1: Signing a Prenuptial Agreement Means You Plan to Divorce

Perhaps the biggest reason many couples do not consider signing a prenuptial agreement before getting married is because the document is so closely associated with divorce. While it is true that a prenuptial agreement can be extremely beneficial in the event of divorce, signing a prenuptial agreement in no way means that a couple plans to divorce. Just as buying car insurance does not mean a person plans to get in a wreck, drafting a prenuptial agreement does not mean a couple plans to split up.

Myth 2: Prenuptial Agreements Are Only for the Rich

Traditionally, prenups were used by wealthy individuals who married someone with fewer assets. Today, however, there are many reasons a couple may use a prenuptial agreement. Prenups can be beneficial in keeping property from a previous marriage separate from marital property and clearly defining each spouses’ financial rights and responsibilities. Drafting a prenup can also give couples a valuable head start for future estate planning.

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Naperville Prenup Lawyer

A prenuptial agreement is a legal contract created before the beginning of a marriage or civil union. The document commonly outlines what should happen with any income, assets, or other financial responsibilities should the relationship end in divorce but can include anything either party deems pertinent. 

While these arrangements are largely made famous by celebrities and other high-asset individuals, prenups are not limited to this income bracket. With the right legal guidance from a qualified attorney, couples from all financial backgrounds can benefit from prenuptial agreements.

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DuPage County family law attorneysA prenuptial agreement is a legal document which a couple drafts and signs prior to getting married. Prenuptial agreements, also called “prenups” are intended to set forth directives regarding the spouses’ income and assets in the event that the spouses separate or divorce, or if one of the spouses passes away. Prenups vary in their specifics based on the couple’s circumstances, but generally include provisions about marital property and non-marital property, spousal maintenance or alimony, inheritance rights of children from other relationships, debts, and the financial responsibilities and rights of both spouses during the marriage.

Social Media Clauses Can Help Protect Online Reputations

The internet has dramatically changed the way we live and work. Many individuals have careers which rely on the online reputation they have worked hard to create. Social media is often a large part of the way some entrepreneurs, entertainers, or other business owners grow their brand.

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