Divorces can sometimes be messy, long, and complicated. As a result, prenuptial agreements have become increasingly popular for many couples, since they can help avoid some of the issues that can make divorces more difficult. Contrary to what movies or television shows might have us believe, prenuptial agreements can be utilized by more than just the uber-wealthy. These agreements can be helpful for any couple, because they allow spouses to make decisions about how certain matters will be handled in the event of a divorce. 

While a prenuptial agreement can be beneficial for you and your spouse, it must follow specific legal rules about its content and format. If you do not follow these rules, your prenuptial agreement may not hold up in court. Here are a few reasons why your agreement may be found to be invalid in court:

There are many reasons why a person would want to move after they have completed a divorce. Getting a new job, starting a new relationship, moving closer to family, or just getting a fresh start are all common reasons why people choose to relocate to a new home. However, when you add children into the picture, relocation could become more complicated. You cannot just pick up and move with your child if you have an existing parenting plan in place. You must first request permission to relocate from the child’s other parent. Then you must request permission to modify your parenting plan from the courts. Taking the correct steps when you are moving is the key to a successful relocation.

Notifying the Other Parent

If you have been allocated a majority of the parenting time or an equal amount of parenting time as your child’s other parent, you can request to relocate with your child. To do so, you must first provide a written notice of the relocation to your child’s other parent, and provide a copy of the notice to the clerk of the circuit court where you were divorced. The notice should be given at least 60 days in advance of the intended relocation, and it should include the date of the intended relocation, the address of your new residence, and the length of time the relocation will last (if it is not permanent).

2019 will bring a significant change to post-divorce life for many Americans, due to the 2017 federal tax reform legislation that will reverse a provision that dates back seven decades. For divorces which are completed on January 1, 2019 and afterwards, individuals who pay spousal maintenance (alimony) to a former spouse will no longer be able to deduct that amount from their taxes, a deduction which has been allowed since the 1940s. Also, individuals who receive spousal maintenance will no longer be required to declare those payments as taxable income.

This modification is expected to add a substantial amount to the U.S. Treasury’s bottom line each year. In 2010, approximately 600,000 Americans claimed the alimony tax deduction, which added up to more than $10 billion.

When an unmarried couple has a child but later splits up, or when a married couple gets a divorce, or when a couple was not in a relationship to begin with, it is typically necessary to set up child support in which one parent makes a recurring payment to the other parent for the benefit of the child. While this is often achieved without difficulty, that is not always the case.

Child Support for Divorced Parents 

During the divorce process, child support is one of the most important child-related issues to resolve, along with the allocation of parental responsibilities (formerly referred to as custody) and parenting time (previously called visitation). In 2017, Illinois adopted what is known as an “income-sharing model” for calculating child support, in an attempt to allow children to maintain the same standard of living as they would have if their parents were married.

While you hope your marriage will stand the test of time, there is nothing wrong with planning for the worst-case scenario before you tie the knot. A prenuptial agreement is not an indictment of your relationship or its long-term potential. Instead, it displays a couple’s willingness and vision to account for various important issues if the marriage someday comes to an end. It can be considered an insurance policy to protect both parties.

If you are unsure if a prenup is right for you, here are some examples of types of individuals who should strongly consider crafting one with the help of a skilled family law attorney prior to their wedding day: