When people in Illinois decide to divorce, they often know that there are serious financial consequences and changes to come. Of course, the end of a marriage comes with numerous emotional and practical challenges, but the financial effects can linger on for years after the other matters have been resolved. This can certainly be true for families in which one spouse is a stay-at-home parent. Illinois is an equitable distribution state, which means that property is divided in order to produce a fair outcome rather than directly in half.
Superlatives are thrown around a lot these days. But it is nonetheless noteworthy when the “world’s richest person” gets a divorce. We’re talking, of course, about Jeff Bezos, the founder of Amazon who is worth an estimated $110 billion. He will remain the world’s richest person even after his divorce settlement, the terms of which were recently announced.
Children need their parents to provide financial and emotional support regardless of whether they are married or not. Illinois parents should be sure that they remember to always put their child's needs first regardless of how well they get along with each other. Parents should also make sure to always put up a unified front when it comes to how they will raise their sons and daughters. This means that the rules should be the same regardless of which house the child is at.