If you have gotten married only to find out your financial situation is more complicated or lacks stability and protection, you are not alone. Many people do not fully understand what their new finances and property ownership look like until after they enter into a marriage. When people find themselves in this position, they may […]
January 26, 2016
How to Create a Prenuptial Agreement That Works
Prenuptial agreements can help protect your assets and business if your marriage ends in divorce. However, if you do no set up the prenuptial agreement correctly, you could run into serious legal issues. The Timing of the Prenuptial Agreement A prenuptial agreement must be executed before the marriage. It is possible to have a postnuptial agreement […]
January 12, 2016
Asset Division: Marital and Non-Marital Property
Many, if not most, couples share their property and income after they are married. However, there are some reasons why you might want to keep some of your property separate even after you are married. How Illinois Views Marital Property Illinois has a broad view of marital property. With a few exceptions, anything that is acquired by […]
