Should Every Illinois Couple Create a Prenuptial Agreement?

 Posted on August 16, 2022 in Family Law

Among all the other important questions an engaged Illinois couple must ask each other is whether they want to sign a prenuptial agreement. Even if a couple feels completely committed to a each other, discussing a prenup can bring up some sticky issues. Is it bad luck to discuss a divorce this early? How much do you really want to share financially? Here are some things to think about as you consider whether a prenup is right for you and your fiancé. 

Potential Benefits of Signing a Prenup

While every couple starts their marriage off on a high note, realistic couples will be aware of nationwide divorce rates. While this should not necessarily scare anyone, it should place a serious tenor on the topic of marriage. Couples should consider the importance of marital commitment in the face of the consequences of getting divorced, especially if one or both spouses suffered in childhood from the stresses of having divorced parents. 

That being said, a discussion about a prenup can open up wonderful opportunities to think about what a couple would do should their marriage fail. While they are in the blush of love and positivity, a couple can consider how they would like to watch out for each other even under the worst circumstances. This may not only mean making sure each couple saves a portion of their marital estate for themselves, but it could also mean shielding each other from the burden of student loans or business debt. Even if you do not ultimately sign a prenup, the biggest benefit of discussing the possibilities is the openness and communication that comes from having conversations about tough subjects. 

Potential Drawbacks of Signing a Prenup

Talking about prenups can trigger difficult emotions, especially around issues of trust and money. Individuals who have an all-in mentality may find themselves stymied by individuals who prefer to prepare in great detail for every conceivable situation. People may be reluctant to sign a binding legal agreement in light of the fact that one day they may change their minds.

Further issues around value conflicts may come up and spouses may feel as though they are negotiating a divorce before even getting married. However, knowing whether you can have difficult conversations with your partner can be as insightful as the conversations themselves. 

Contact a DuPage County Prenuptial Agreement Lawyer

You can get help deciding whether a prenup is right for you by getting in touch with the experienced Wheaton, IL prenuptial agreement attorneys with The Stogsdill Law Firm, P.C.. We offer comprehensive consultations so you can meet our team and learn about how we could benefit you. Call us now at 630-462-9500 to schedule yours. 

Source: 

https://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2087&ChapterID=59