Batavia Premarital Agreement Lawyer
A couple’s wedding day is often one of the happiest days either partner will ever experience. Preparation for the wedding often takes weeks or months and can cost thousands of dollars. Preparation for the marriage is a different process altogether, yet a vitally important one, especially when related to financial matters. Many couples take a proactive approach by negotiating a premarital agreement, also known as an antenuptial or premarital agreement.
At The Law Offices of Van A. Larson P.C., we recognize the importance of discussing financial and property arrangements prior to your marriage and are ready to help you prepare an agreement that meets your specific needs.
Premarital Agreement Attorney Serving Kane, Kendall, DeKalb and DuPage Counties
While considering the hypothetical end of a marriage that has yet to begin may be difficult, couples often understand that divorce or the death of a spouse could be an eventual reality. With that in mind, many choose to make formal arrangements regarding financial concerns in a premarital agreement.
Certain situations may provide an even greater incentive for couples to enter into a premarital agreement to protect themselves in the event of divorce or death of one spouse.
These situations generally include:
- Substantial assets or debts prior to marriage: A premarital agreement can help a great deal when one or both spouses bring large amounts of property or debt to the marital relationship. A valid agreement can protect such assets and obligations as non-marital property in case of divorce, and provide for their disposition upon death.
- Children from a previous relationship: If one or both spouses have children from a prior marriage or relationship, a premarital agreement can specify the child’s rights to certain property or assets, prior to them potentially becoming marital property.
- Remarriage situations: A second or third marriage for either party can present unique financial challenges, as obligations from a previous marriage may be a factor. These considerations can be covered in a premarital agreement, allowing for continued compliance in light of the impending marriage and associated responsibilities.