Illinois has adopted the rules of the Uniform Prenuptial Agreement Act (UPAA) so their laws governing prenups are largely dictated by the UPAA. What's Typically Included in an Illinois Prenuptial AgreementĮvery prenuptial agreement will be different and personalized to the couple’s assets, debts, and wishes. This way, if a divorce does happen, all decisions regarding property distribution are settled and it is one less thing a couple needs to worry about. Many people do not like the idea of a court dividing their property so to protect their property and futures, they execute a prenuptial agreement. If a couple doesn’t have a prenuptial agreement and at the time of the divorce cannot come to an agreement, their financial futures will be in the hands of the court system. This means that if left up to the court’s decision, property will NOT be divided 50/50 but rather by each party’s situation and needs as determined by the court. In Illinois, divorce courts follow the rules of “equitable distribution”. Why Do I Need a Prenuptial Agreement in Illinois? Based on ContractsCounsel's marketplace data, the average cost of a prenuptial agreement in Illinois is A lawyer will know how to draft a prenup that is legally enforceable.īefore hiring an attorney and beginning the prenup process, many people want to know how much this will all cost. Prenups are legally binding documents that must include specific information and abide by Illinois laws. It is strongly encouraged that a couple hires an experienced attorney to draft their prenuptial agreement. These documents are the best way for couples to protect their assets and property prior to getting married. Prenuptial agreements, sometimes called “prenups”, are legally binding contracts that couples execute before getting married. How Much Does a Prenuptial Agreement Cost in Illinois? Let’s explore this question and review some general information about prenuptial agreements and why they are important. How much does an Illinois prenuptial agreement cost? This a common question that couples planning to get married in Illinois often ask.
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