Should You Consider a Pre-marital Agreement?
Any couple may choose to enter into pre-marital agreements Aurora, IL, but in some situations it is highly advisable. A few such situations include:
Significant premarital assets: If one or both of the parties has significant assets, a premarital agreement should specify what will happen with those assets upon death or divorce.
Children from a prior relationship: If either party has children, a premarital agreement can define and protect the rights of a child to a parent’s premarital assets in the event of divorce or death.
Second and subsequent marriages: Premarital agreements give couples an opportunity to think through the financial aspects of a planned marriage. It can provide peace of mind that each party’s financial interests will be protected now and into the future.
It gives each person confidence that they can decide their own destiny.