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Home » Family Law » Want a good reason to get a prenuptial agreement? Here’s one

Want a good reason to get a prenuptial agreement? Here’s one

| Jul 18, 2019 | Family Law |

A lot of couples are hesitant to get prenuptial agreements. Aside from the fact that discussing a prenup doesn’t exactly set a romantic tone when you’re planning your nuptials, some people feel like a prenup is akin to betting the marriage will fail.

There are a lot of good reasons to consider a prenup, but one of the most obvious ones may be the cost of the wedding itself. Unless money is no object in your pursuit of a dream wedding, you may quickly experience some sticker shock at the cost of a wedding these days.

In 2019, the estimated cost for an average wedding is $29,858. Of course, that can vary drastically, depending on where you live. In Chicago, the average price is $49,151. In Central Illinois, it’s $19,251.

In many cases, research shows that the two people planning the wedding have vastly different ideas about what’s reasonable to spend on it. Around three-fourths of couples who go into debt over a wedding fight over what they’re spending.

A prenup could be a good way to resolve the issues between you and your future spouse. If you think it’s outrageous to spend the equivalent of the cost of a car or a down payment on a house for a single party (no matter how special), you may be able to compromise with your intended more easily if a prenup is there to protect you financially should the marriage falter.

Prenups can make it easier to sort out the debts and assets of a marriage, whether that marriage is brief or long. If you’re concerned about the different approach, you and your future spouse take to money, learn more about prenuptial agreements today.

View the profile of Illinois Family Law Attorney Alex Fawell
DCBA | DuPAGE County Bar Association Member
Lead Counsel Rated Attorney