Why Are Prenuptial Agreements Viewed With Suspicion By Some People?

During the time of a divorce, unfortunately, many arguments and debates come up regarding the division of assets and the right of each spouse to the same. That is why a free prenuptial agreement in Illinois can be very useful.

However, this kind of an agreement is also viewed with suspicion by at least some people. Read and find out about the reasons behind the same.

It is regarded as one-sided

Apart from other things, this kind of a contract can also specify the maintenance and share that a wife could be entitled to get - if there is a divorce. It can also go to the extent of mentioning the incremental income that the wife would be provided with by the husband if they have kids.

Due to this reason, there are few people supporting this kind of an agreement in many countries as they feel that it might be responsible for divorces and end up into a costly and long drawn legal fight. Men are especially averse to signing these types of contracts because they feel that they can be exploited by crafty women who would like to marry them only to divorce them and create a steady stream of income or acquire huge finances and assets simply by mentioning their rights as a wife.

There could be loopholes

Unless proper prenuptial agreement templates are used to craft these types of contracts, there could be serious loopholes that might prove to be damaging when it comes to asking for equal rights and share of assets distribution.

For example, any of the spouses, whether the man or the wife, could include some terms or even avoid the mention of some important assets and the non disclosure cannot be detected. Due to this reason, there can be unfairness in the agreement right from the beginning.

Could encourage divorces and make people marriage-averse

Many people and even some legal professionals themselves feel that signing these types of agreements could encourage divorces. Living under the constant pressure of having to fulfill responsibilities enforced by a legally binding document can encourage divorces. Even the thought of having to give another person the right to have a claim on property only by virtue of marriage, which could be extremely short lived, can discourage many people from marrying at all - especially those with poorer finances.