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Prenup illinois template
Prenup illinois template






  • there is proof of shared legal responsibility.
  • Except as otherwise provided in this Agreement, all debts will be treated as debts owed solely by either one of the Parties (the "Separate Debts") except where:.
  • All jointly acquired or jointly held debts, however and whenever acquired, will remain the debts of and be owed by both Parties and will be treated as shared debts (the "Shared Debts").
  • The Parties acknowledge that this Agreement will govern any determination of responsibility of debts that may occur in the event of the Parties separating, or upon the death of a Party.
  • Unless a Party can reasonably show that they solely own a piece of property, where either Party commingles jointly owned property with Separate Property, any commingled property will be presumed to be Shared Property.
  • Nothing in this Agreement will prevent or invalidate any gift, or transfer for value, from one Party to the other of present or future property.
  • there is proof of shared legal ownership.
  • Except as otherwise provided in this Agreement, all property will be treated as property owned solely by either one of the Parties (the "Separate Property") except where:.
  • All jointly acquired or jointly held property, however and whenever acquired, will remain the property of and be owned by both Parties and will be treated as shared property (the "Shared Property").
  • The Parties acknowledge that this Agreement will govern any determination of ownership of property that may occur in the event of the Parties separating, or upon the death of a Party.
  • NOW THEREFORE in consideration of the upcoming marriage, and in consideration of the mutual promises and covenants contained in this Agreement, the Parties agree as follows:
  • The Parties acknowledge that this Agreement will continue upon termination of marriage whether by death, divorce, or otherwise.
  • They entered into this Agreement freely and under no duress or undue influence on their decision by the other Party.
  • They have, or reasonably could have had, an adequate knowledge of the property or financial obligations of the other Party and.
  • Prior to execution of the Agreement, both Parties were provided a fair and reasonable disclosure of the property or financial obligations of the other Party.
  • This Agreement was not unconscionable when it was executed.
  • The Parties did execute the Agreement voluntarily.
  • The Parties have disclosed to their satisfaction all assets and liabilities that each may have and voluntarily and expressly waive any other rights to disclosure of the property or financial obligations of each other beyond the disclosure provided.
  • The Parties also acknowledge that they have had the opportunity to retain their own lawyer and to receive independent legal advice regarding the terms of this Agreement.
  • prenup illinois template

    The Parties acknowledge that they have been provided with a reasonable period of time to review this Agreement.Accordingly, the Parties desire that the distribution of any property that either or both of them may own will be governed by the terms of this Agreement and, insofar as the statutory or case law permits, intend that any statutes that may apply to them, either by virtue of Federal or State legislation, will not apply to them.

    prenup illinois template

    The Parties recognize the possibility of unhappy differences that may arise between them.

    prenup illinois template

  • The Parties further wish to affix their respective rights and liabilities that may result from this relationship.
  • The Parties wish to enter into this Agreement to provide for the status, ownership, and division of property between them, including future property owned or to be acquired by either or both of them.
  • The Parties intend for this Agreement to become effective upon their marriage pursuant to the laws of the State of, including any Uniform Premarital Agreement Act, or other applicable laws, adopted by the State of.
  • This Agreement is made between _ and _ (collectively the "Parties" and individually a "Party") who are contemplating marriage each to the other.
  • THIS PRENUPTIAL AGREEMENT (the "Agreement") MADE ON THIS _ day of _, _








    Prenup illinois template