Marriage is an exciting step in life, but it also comes with financial and legal responsibilities. While no one enters a marriage expecting it to end, planning for the future is always a wise decision. A prenuptial agreement (or “prenup”) can protect your assets, clarify financial expectations, and prevent disputes down the road. Below, let’s discuss why getting a prenup …
Historically, prenuptial agreements (“prenups”) were regarded as instruments for those more mature couples who already have significant assets to their name. These days, the appetite for prenups is also gaining momentum among younger couples on the path to marriage, regardless of their wealth (or lack thereof). A prenuptial agreement between two younger individuals presents its own unique challenges, because often …
Not all prenuptial agreements are created equal. Sometimes, in the course of a divorce proceeding, the court will strike down a prenup and refuse to enforce it between the divorcing parties. If you are working with an attorney to draft a strong prenuptial agreement between you and your betrothed, or if you have a prenup and are contemplating a divorce, …
I note three key issues usually discussed in prenuptial agreements in this short video. They are the identification of separate/ marital property, spousal maintenance and estate rights. Interested in a free 15 minute consultation on a nuptial agreement? Please contact cari@rinckerlaw.com or call (217) 531-2179.
Do I need a prenup before I get married? No one gets married with the intention of getting divorced, but it is always a good idea to protect your rights and your property in the event that life does not goes as planned, regardless of your financial circumstances. Divorce is inevitably complicated, contentious, and unpredictable. In Illinois, the law requires …
The months before your wedding are exciting. There’s so much to plan and anticipate, and if you’re wise, you’ll plan for your future well beyond the wedding date. One of the most critical things you can do to protect your future and that of your spouse is to consider a prenup before marriage. Schedule a consultation with a Champaign prenup …
Having a discussion with your future spouse regarding the topic of a prenup can be a difficult one to bring up, but it is essential to protect your future as well as the future children. A Champaign prenup attorney can guide you through the process if you have questions. The best time to explore a prenup is before marriage, so …
Are you thinking about getting married? If so, then it may be wise to broach the subject of a prenup with your intended. Too many couples make the mistake of overlooking this part of the process. This reluctance may arise from not wanting to bring up what can seem like a divisive topic. Other couples don’t consider it because they …
This time of year is my favorite season — and sometimes I refer to it as Prenup Season. Why? Couples planning to tie the knot this spring or summer may be considering a prenup. I also posted a quick video here on the topic. Here are three tips for the betrothed who want a prenuptial agreement: The sooner, the better. …
It is uncommon for agriculture producers and business owners to consider estate planning and succession planning for their agriculture operation in the midst of a divorce; however, divorcing farm families should consider this while negotiating the division of marital assets. These assets may include the farm or ranch business and its assets. After all, divorce is one of the Big …
A Christian prenup. Isn’t that an oxymoron? No, no, it’s not. I recently read Patricia Hartman’s book “The Christian Prenuptial Agreement: The Power of Marriage Unleashed” and she makes a solid argument why it’s not. The author is not an attorney; instead, she is a CPA and approaches things from a financial perspective. You can order the book on Amazon …