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Prenuptial and Postnuptial Agreements
Settling the Issues to Avoid Disputes
While many people do not give much thought to making a prenuptial or postnuptial agreement, these agreements can provide predictability and minimize disputes within a marriage. They can also assist in the estate planning process.
A prenuptial (also known as antenuptial or premarital) or postnuptial agreement governs what happens in the event of a divorce or the death of one spouse. It can be particularly useful if you have:
- Significant assets
- A business or professional practice
- Children from a prior marriage
- The expectation that you will receive a sizable inheritance
At the Steele Law Firm in Chicago, Illinois, we are skilled at drafting agreements that meet your needs. Contact us to schedule a free initial consultation with a skilled family law attorney.
A Range of Options for Your Agreement
Prenuptial and postnuptial agreements can be written to govern the outcome of many family law issues, such as asset division and spousal maintenance, as well as the administration of your estate.
Certain issues, like future child support, may be difficult to legally include in a prenuptial or postnuptial agreement. Also, any agreement on the issue of spousal maintenance can be reviewed by a court for extreme unfairness.
Prenuptial and postnuptial agreements are complicated, and it is best to have a knowledgeable lawyer draft one for you. Contact us to discuss your needs.
What Is a Postnuptial Agreement?
While many people are aware that spouses can enter into prenuptial agreements before the wedding, many are not familiar with the concept of a postnuptial agreement.
Anything that can be included in a prenuptial agreement can be included in a postnuptial agreement after the couple is already married.
There are a number of reasons for considering a postnuptial agreement. You could be concerned about the future of the marriage, you or your spouse may have started a business or invested in a risky venture, or you may simply have put off a prenuptial agreement.
