Karen Covy, a divorce lawyer in Chicago, answers:
A prenuptial agreement may not be romantic, but it is very helpful—particularly in cases where one or both soon-to-be newlyweds have children from prior marriages. A prenuptial agreement can protect you against an overreaching spouse should your marriage end in divorce. It can protect assets you want or need to save for your children. It also may help to protect your new spouse if your old spouse tries to go after your new spouse’s income or assets to pay for expenses for your children.
Karen Covy is a lawyer, mediator, educator and the author of When Happily Ever After Ends: How to Survive Your Divorce Emotionally, Financially, and Legally.
Certified Divorce Financial Analyst
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