Prenuptial agreement illinois template8/24/2023 ![]() ![]() ![]() Nowadays, though, the prenup may be part of a standard marriage contract. The prenup comes with a reputation of abuse where very wealthy people hang it over the head of someone not nearly as wealthy to do it or else. Other Names for Prenuptial AgreementÄepending on your state, a Prenuptial Agreement may also be known as: However, it does not concern custodial matters, which is the territory of family law and expressly prohibited in such a way that any attempt could void the agreement. It also details how any businesses owned are to be divided. It is used to decide beforehand the division of properties, liabilities, and current assets. The Prenuptial Agreement handles the financial side of the marriage. Check your state law before creating a prenup or risk ending up with one that is useless. ![]() The Prenuptial Agreement is legal in all US states, which, as is the case with most more controversial topics, may enforce the prenup in varying fashion. A Prenuptial Agreement is also helpful in executing the Last Will and Testament after the death of one of the spouses. Having a prenup means that it would likely be more comfortable and faster if any divorce proceedings are to come. Many engaged couples, or even before then, choose to enter into a Prenuptial Agreement. ![]()
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