Tag Archives: prenuptial agreements

Don’t let a prenup be invalidated

On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, November 13, 2013. Illinois residents with significant wealth or real estate that they wish to protect may ask their betrothed to sign a prenuptial agreement before marriage. A prenuptial agreement can ensure that in the case of a divorce, assets enumerated in the agreement remain in the hands of the person who owned them prior to the marriage. In addition, a premarital agreement can predetermine issues related to spousal support. As such, a premarital agreement can reduce the likelihood ofContinue reading

Dividing your assets at divorce with prenuptial agreements

On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, August 12, 2013. Prenuptial agreements are an important part of the proceedings when there is a high asset divorce. Illinois residents who are preparing for marriage or divorce may be interested to know some things to look out for when preparing a prenuptial or postnuptial agreement or attempting to negotiate property division at the dissolution of a marriage. A prenuptial agreement that is very old and without any postnuptial modifications or clarifications is liable to be challenged by theContinue reading

Fox legal analyst gives advice on prenuptial agreements

On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, July 26, 2013. As of 2011, Chicago’s divorce rate stood at 7.4 percent for men and 10.2 percent for women. As a result, some residents interested in getting married in the near future — or perhaps those who have been married and are now considering divorce — may be interested in learning more about prenuptial agreements and how they influence family law matters in Illinois. A recent segment on “Fox & Friends” may provide them with valuable insight. While discussing theContinue reading

Recent TV segment highlights prenuptial agreements

On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, July 24, 2013. In a recent “Fox and Friends” television segment, a noted legal analyst stated that two groups of people are considered to be the most likely to avail themselves of pre-nuptial agreements: those who marry for the second time and those who marry later in life. Couples in Illinois and across the country might be interested to know that “prenups,” as they have become known, are considered a good idea. According to the analyst, the most importantContinue reading

Prenuptial agreements protect in the event of divorce

On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, June 5, 2013. Discussing prenups with a future spouse can be particularly difficult. A prenup is a contract that divides assets in the event of a divorce, and most couples simply do not want to converse with their loved one about what would happen if their marriage ended before they have even walked down the aisle. However, prenups are put in place to protect both spouses and specify how any and all assets will be divided down the road, mitigatingContinue reading