I Regret That I Never Signed a Prenup. What Can I Do About It?

 Posted on January 08,2024 in Prenuptial Agreements

Nobody likes to think about negative outcomes in their life. When you start dating someone, you might want to imagine that one day, you will fall in love and get married. If you get married, you likely want to imagine that you will start a family and grow old together. Trying to figure out how you might protect your finances if you end up getting a divorce is not something a lot of people want to do when they are at the beginning of a relationship, even though having a prenuptial agreement can provide a lot of peace of mind. If you never signed a prenup and you regret it, a Naperville, IL family law attorney can help you figure out whether a postnuptial agreement might be right for you.

What Is Involved in a Postnuptial Agreement?

Think about drawing up a will. Most people do not like to think about dying, but when they make themselves consider it, they can plan for how their assets can be left for the people they love. A postnuptial agreement is similar - in this case, making yourself think about something that you might rather not think about can be extremely helpful and can make a difficult period just a bit easier for your loved ones in the future. 

A postnuptial agreement is similar to a prenuptial agreement. The main difference is that it is signed after the marriage has already begun, but if they are well-written, they are both enforceable in a divorce. They generally include:

• Plans for any spousal support/alimony arrangements that might be put in place should the couple end up separating and their respective financial conditions remain the same.

• A listing of marital assets the couple shares, and which assets are considered non-marital. If the couple ends up in a situation where they need to divide their assets, this list will help determine which assets would need to be divided and which were owned by either spouse before the marriage and would likely not be divided.

• Protection for any inheritance that either of the spouses might be entitled to. Inheritance is generally defined as the sole property of whoever it was left to and would likely not be considered marital assets.

• An agreement regarding expenses that each spouse will be responsible for during their marriage.

Schedule a Free Consultation with a DuPage County, IL Postnuptial Agreement Lawyer

If you are married and wish you had the peace of mind that a prenuptial agreement could offer you, a postnuptial agreement could be a great choice for you. A knowledgeable Naperville, IL divorce attorney can explain your options. Call Pesce Law Group, P.C. at 630-352-2240 to schedule a free consultation.