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Divorce, family law and appeals representation in Joliet, Illinois

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August 2019 Archives

How compensation structure affects divorce

The type of compensation structure spouses have can have a big impact on decisions during a divorce. Each party needs to consider things like bonuses, stock options, commission, and other unique forms of compensation. For couples in Illinois who just have straightforward salaries with no bonuses, asset division is likely to be relatively simple. They don't have to worry much about the timing of a divorce filing affecting total assets.

Parents' rights to their children

A father generally has the same rights to his children as a mother does after a divorce. This is true despite the fact that fathers in Illinois and across the country may feel as if they face long odds of obtaining physical or legal custody of their children. A court will look at many different variables when determining if a parent gets full or partial custody of a son or daughter.

The financial impact of divorce on older adults

While people in Illinois who are over 50 might be more likely to get divorced than younger people or previous generations in their age group, the financial and emotional toll can be high. According to one study conducted by the National Center for Family & Marriage Research at Bowling Green University, wealth for people who get a divorce after age 50 drops about 50%. Older divorced people in one study also reported a higher rate of depression than those whose spouses had died.

Divorce planning in the summer

According to psychology and family law experts, summer is the prime time for Illinois residents to begin plans for a divorce. The results of a study that was conducted by sociologists at the University of Washington indicate that divorce filings tend to increase during August and March.

Does your spouse have a high-conflict personality?

When you got married, you likely had dreams of your relationship lasting the test of time. While dating, your future spouse may have seemed like the perfect person to complement your personality, and you likely felt that you two were a perfect match overall. However, after tying the knot, you may have begun feeling that your relationship was less than perfect.

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Reich, Jumbeck & Stole, L.L.P.

Reich, Jumbeck & Stole, L.L.P.
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116 N. Chicago Street
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Joliet, IL 60432

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