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Making Changes to Your Prenup After Marriage

If you are in the process of planning your wedding and are considering a prenuptial agreement with your spouse, you might be wondering what options you have in the event that you decide to make any changes to your agreement. Does the state even allow you to amend a prenup? If so, what liberties do you have in regards to such amendments? Are there certain steps you can take beforehand to better prepare for any potential changes you may wish to make following the marriage?

Changing Your Prenuptial Agreement in Illinois

When you are looking for answers to these questions and more, you can start exploring your options by taking a look at what Illinois law says about prenuptial amendments. For starters, all it takes to make changes to your prenup is a signature and the specifications in writing. According to Illinois law, you may make amendments to your existing prenuptial agreement at any time following the marriage as long as both you and your spouse agree to sign a written contract to validate and document the requested changes.

Additionally, you have permission to completely revoke your prenuptial agreement after you get married, if you so wish. This also requires the signature of both parties and is enforceable without consideration. Knowing you have the choice to amend or revoke your prenup can help take some pressure off you and your spouse as you enter your marriage. Understandably, circumstances and wishes can change after you tie the knot, and thankfully, the state of Illinois makes allowances for these types of situations.

Why Changes Might Be Necessary

Revising a prenup is a common need many couples. The primary reason for this is that sometimes revisions are needed to ensure both parties are consistently receiving fair consideration the deal as time passes. Think of making changes to a prenup as a form of maintenance. You may want to make changes to your agreement as your finances change or to make sure it continues to remain enforceable in the state of Illinois. Any significant change in financial status, relocation, or monetary goals can impact the nature of a prenup, so it is understandable to consider making amendments under these evolving circumstances.

Planning Your Prenup

One of the best courses of action you can take as you plan your prenup is to consult with a competent, experiencedDuPage County prenuptial agreement attorney. This allows you to address any concerns you have early on and gives you the chance to craft a prenup that protects both you and your spouse's best interests. Call Roscich & Martel Law Firm, LLC today at (630) 793-6337 for a personalized consultation.

Sources:

http://www.cnbc.com/id/34316003

http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2087&

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