Like most people, you may view divorce as a difficult process to endure. You may worry that there will be many lonely nights thinking about the future, particularly in regard to money. That is why having a prenuptial agreement is recommended. Before a couple ties the knot, this arrangement is a great way to safeguard finances during divorce in an efficient and legal manner.
In this article, we will explain what a prenuptial agreement is and how it affects the divorce process. Even if you feel you have a firm grasp of prenuptial agreements, it is important to work with a Geneva, IL family law attorney who can best evaluate your situation and help you draft a prenup that is both legally enforceable and tailored to your preferences.
What is the Definition of a Prenuptial Agreement?
The definition of a prenuptial agreement is a legal arrangement that is created by two partners before they wed. The arrangement dictates how the couple will manage their assets during divorce and can also detail the financial responsibilities of a couple during a marriage. The arrangement is put into action after the couple weds.