Prenuptial agreements are essential in many marriages, as they can protect both parties in the event of a divorce. Divorces often result in high financial and emotional costs. Still, with a prenuptial agreement, you can mitigate a lot of that and ensure things come out in a very organized manner. However, drafting a prenuptial agreement can be quite a challenge. Read on to learn why you should hire a lawyer for prenuptial agreements.
One of the most important reasons to hire a professional lawyer to deal with your prenuptial agreement is that they understand the law. You may know how to draft an agreement and approve it, but with outside circumstances like moving to a different state or property changing hands, your contract may not hold up to scrutiny. On the other hand, a lawyer can draft the agreement in a way that will meet all required conditions and hold up to outside factors you may not have initially considered.
Legal scrutiny can be applied to postnuptial agreements when outside factors come into play, and lawyers can help your agreement hold up to that scrutiny. For example, some courts have thrown out premarital contracts if one party acts fraudulently, does not disclose all their assets, or cuts out the other party entirely. When you work with an attorney, you can rest assured that both parties will understand the agreement, and you and your assets will still be protected.
Another reason for having a lawyer on your side when drafting a prenuptial agreement is that it can keep things amicable between you and your partner. Discussing the possibility of divorce before you’re even married can create a lot of tension. Thankfully, the presence of an attorney can alleviate many of these concerns, as they are simply there to ensure a divorce does not result in financial and emotional ruin for both parties. In addition, an attorney can protect the other party from debt and ensure businesses and inheritances remain in the right hands without burden.
You should hire a lawyer for prenuptial agreements for all the reasons above, but they’re also necessary for ensuring you fairly represent your interests. Finding the right prenup lawyer in Chicago may seem difficult, but you can rest easy when you come to us at Schiller DuCanto & Fleck. We have years of experience, so we know how to take care of these agreements and leave you satisfied!