An Illinois Prenuptial Agreement is a legally binding document that defines the mutual rights and duties of spouses before their marriage.
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Even if you do not have a large income gap or do not plan to become parents, the couple that is going to get married is advised to discuss the contract that will safeguard them both in daily life and in unlikely circumstances - you will save both time and money if you have regulations to follow.
Download an Illinois Prenuptial Agreement template below.
The parties are supposed to determine the issues they clarify in the text of the document; in most cases, the partners disclose their assets and confirm the information is true and accurate, explain how they will divide the property they acquire during the marriage, decide whether one of the spouses is entitled to receive financial assistance, outline the terms of child support, and indicate the grounds for divorce that nullify the arrangements negotiated by the couple - for instance, adultery often denies the person the rights to be supported financially after the divorce is finalized.
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