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DuPage County prenuptial agreement lawyerPrenuptial agreements have become more common than ever, yet many couples continue to tie the knot without this form of additional security. There is a preconceived notion that prenuptial agreements are only beneficial for the wealthy; however, every couple can benefit from a prenup. A prenuptial agreement is a legal document that outlines how certain issues will be handled if the couple ever files for divorce. The agreement must be signed by both parties, of their own free will, before the wedding takes place. There are many things that you can include in a prenuptial agreement, and it is important that you consider all of your options before you sign it.

The Engagement Ring

One of the basic purposes of a prenup is to protect your personal property from being considered marital property in the event of a divorce. Since the engagement ring is given prior to the marriage, it is technically the property of the receiving spouse. In order to protect this asset, you should have your ring appraised to know its financial value, then include it as one of your personal assets.

Your Pets

Another thing that many couples do not plan for beforehand is the placement and ownership of their pets post-divorce. Many people consider their pets to be part of the family, so they can easily become a point of contention in a divorce. You should list any pets in your prenuptial agreement and clearly state who will care for that pet, both physically and financially.

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Naperville prenuptial agreement attorneyEveryone thinks that marriage is forever — and for many people it is. But for some Americans, divorce is still very much a reality. Depending on the source, the divorce rate has lingered around 40 to 50 percent for the past decade or so. Getting a divorce can turn your entire life upside down and can even change your financial situation for the worst. One thing you can do to protect yourself before you get to that point is to get a prenuptial agreement.

A prenuptial agreement is a legal document that you can use to dictate how certain things will be handled in the event of a divorce. This can be greatly beneficial in reducing the amount of conflict and the length of time it takes to complete a divorce if you and your spouse ever get to that point. In order for your prenuptial agreement to be enforceable and valid, there are certain things that are not permitted in a prenuptial agreement and certain rules and procedures you must follow when creating one. Here are a few mistakes you should avoid while creating your prenuptial agreement:

1. You and Your Spouse Did Not Have Different Attorneys

One of the basic requirements of a prenuptial agreement is that you and your spouse both have independent legal representation. If you and your spouse do end up getting a divorce, what is best for you may not be what is best for your spouse. A single lawyer cannot advocate for both you and your spouse equally.

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