Some individuals in Illinois who are preparing high-asset divorce cases will find that some experts can provide additional assistance during the process. Financial experts can help you during the planning of the divorce, the proceedings themselves and even with your...
Joliet Family Law Blog
Some statistics about divorce you need to know
If you have recently gotten married in Illinois, you and your spouse are looking forward to many years together. Of course, divorce is something that happens often. No couple thinks about it when they first tie the knot, but it can happen. You might want to know a few...
How to protect real estate in a divorce
Divorce for wealthy individuals can be challenging because there are significant assets to divide. That is especially true with real estate, which is illiquid and difficult to manage. For Illinois residents, protecting real estate portfolios during a divorce is a...
How is alimony determined in Illinois?
Alimony payments in Illinois can seem very complicated or hard to obtain. That’s because the Illinois courts have set forth high standards for awarding alimony and how long it should be paid for. Even with the discretion of the court, even the state of Illinois knows...
Hidden assets and divorce
Most divorces in Illinois don’t happen out of the blue. Divorces usually follow a breakdown of the marriage that might have been ongoing for years. During this time, there is usually a serious lack of communication and a loss of trust. There may also be separate bank...
Protecting business interests with a postnup
Many married couples in Illinois find that financial issues become a source of contention in their relationships. One way of dealing with this problem is to sign a postnuptial agreement. A postnuptial agreement is similar, in some ways, to a prenuptial agreement in...
Three popular ways to valuate your business
If you're the owner of a business in Illinois, it's understandable to want to know how much your company is worth. Fortunately, there are many ways to achieve this goal. When it's time to valuate your business, try one of the following methods. Asset-based valuation...
Factors in awarding maintenance
During a divorce, calculating alimony, child support, and assets can quickly become overwhelming and complicated, especially if you have a complex asset case. If you are in the process of getting a divorce in Illinois, understanding the factors that are often...
How will retirement benefits get handled during divorce?
If you're going through a divorce in Illinois and you have retirement benefits, your former spouse may try to get a share of this income. It's a good idea to learn what happens to retirement benefits while going through a divorce. How retirement benefits get divided...
What are the rules about spousal support?
Did you know that Illinois recognizes the dissolution of marriages and civil unions as opportunities for awarding spousal support? Moreover, it’s a common misconception that only a husband pays for this. Following is important information regarding spousal maintenance...
