Illinois Compiled Statutes 750 ILCS 10 Illinois Uniform Premarital Agreement Act. Section 4

    (750 ILCS 10/4) (from Ch. 40, par. 2604)

    Sec. 4. Content. (a) Parties to a premarital agreement may contract with respect to:

    (1) the rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located;

    (2) the right to buy, sell, use, transfer, exchange, abandon, lease, consume, expend, assign, create a security interest in, mortgage, encumber, dispose of, or otherwise manage and control property;

    (3) the disposition of property upon separation, marital dissolution, death, or the occurrence or nonoccurrence of any other event;

    (4) the modification or elimination of spousal support;

    (5) the making of a will, trust, or other arrangement to carry out the provisions of the agreement;

    (6) the ownership rights in and disposition of the death benefit from a life insurance policy;

    (7) the choice of law governing the construction of the agreement; and

    (8) any other matter, including their personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.

    (b) The right of a child to support may not be adversely affected by a premarital agreement.

(Source: P.A. 86-966.)

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Last modified: February 18, 2015