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Prenuptial Agreements for Second Marriages: How Can a Prenup Be Beneficial When You Remarry?
Video by Attorney Kevin O’Flaherty
Article written by Illinois Attorney Kevin O’Flaherty
In this article, we will answer the questions “why should I consider a prenuptial agreement when remarrying?”, “how can a prenup help to protect my children’s inheritance?”, and “how do prenuptial agreements for second marriages differ from first marriages?”
For some foundational information, check out: Illinois prenuptial Agreements Explained.
Why Should I Consider a Prenuptial Agreement When Remarrying?
Statistically speaking, couples are more likely to get divorced if one or both partners have already gone through a divorce. That being said, some people may feel hesitant to remarry, having already experienced an expensive or prolonged divorce. A prenuptial agreement with your future spouse can provide and peace of mind, as it is a contract outlining issues such as the payment of alimony, division of assets and other financial concerns that may have been difficult to resolve during your first divorce.
Preparing for separation or death with a prenup can lead to a stronger marriage, especially if there are specific pitfalls you are hoping to avoid. For More on this, check out our article: Can a Prenuptial Agreement Lead to a Stronger Marriage?