Do You Really Need a Prenuptial Agreement?

When two people are in love, they may decide to take their relationship to the next level and get married. Many people get teary-eyed at a wedding ceremony, but there can be plenty of tears afterward if preparations have not been made beforehand. Despite the romance of a wedding, a large number of marriages still end in divorce. If you are planning a wedding, don’t forget to educate yourself about why a divorce lawyer in Highland Park may be worth consulting with before you get married.

What Are the Advantages of a Prenuptial Agreement?

The old expression, “Love is blind,” may seem inspiring at first glance, but going absolutely blind into marriage can wreck one’s finances. Too many people would lose a significant amount of money and even financial support in the case of a divorce if they did not prepare with a prenuptial agreement. These agreements determine property and support if there is a divorce. They can make divorces go more smoothly, because many things were previously agreed upon.

Those who own significant property holdings don’t have to worry about losing them to an ex-spouse, and their heirs are also protected. In addition, those who marry an indebted partner don’t have to worry about being responsible for the debt if they have a solid contract drawn up by a Highland Park divorce lawyer.

What Are the Disadvantages of a Prenuptial Agreement?

Of course, a prenuptial agreement can be tilted in favor of one spouse over the other. Someone can be easily influenced in the earlier stages of the relationship and may agree to a prenuptial agreement that is not in their best interests.

In addition, many things change with marriage, and the contract may be too rigid. With many of these agreements, spouses forfeit the right to inherit from their ex-spouses after their death. Consulting with a seasoned divorce lawyer in Highland Park can help you avoid many of these pitfalls.

Michael Craven at divorcelawyerschicago.org has a proven record of helping families and couples navigate their way through challenges. Craven’s full-service family law firm provides the best legal solutions for clients.

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