When couples in Illinois divorce, financial matters are often a primary concern. Issues that need to be resolved during the divorce process include property division, particularly if a couple owns a home or a business, the division of any existing joint debts, child...
Year: 2019
Financial issues that may cause you concern in divorce
When you decide that you no longer wish to stay in a marriage, it can be emotionally traumatic. Even if you and your spouse agree to part ways as friends, the fact that you both shared one of the most intimate experiences of a life journey means it is understandable...
Abduction and international child custody disputes
When people in Illinois develop international relationships, they may not think much about the complexities that can come with divorce or separation. After all, the dissolution of a marriage can lead to serious legal and financial disputes among couples of all...
How a prenuptial agreement can protect assets
Some couples in Illinois may be concerned about creating a prenuptial agreement. They might feel that they do not want to plan for the possibility of divorce, but a prenup can do more than simply protect the two individuals in the marriage. If one or both people have...
What a divorce financial specialist can provide
Some people in Illinois who are going through a divorce might want to consider adding a divorce financial specialist to their professional team. A divorce financial specialist can bring expertise to matters specifically relating to divorce that other financial...
How divorces impact businesses
When business owners in Illinois get divorced, it can take a toll on their companies. This may be true whether a former spouse may become a part-owner of the organization. During the divorce itself, an individual may have to split his or her focus between ending a...
Don’t wait to get your finances ready for divorce
As much as you may have tried to be a team player during your marriage, if you are heading toward divorce, it's time to start taking steps to protect yourself. Naturally, if you have children, their needs come first. However, you must do everything you can to ensure...
Common factors make divorce more likely
There are many reasons why married partners in Illinois decide to divorce. Splitting up can be a major decision that leads to significant emotional, personal and financial disruption in both spouses' lives. Still, divorce can be an important and positive choice for...
Issues with child custody and parental responsibilities
For divorcing couples with children in Illinois, child custody and allocation of parental responsibilities will likely be foremost in their minds. A key factor is the child's best interests and how to create a situation for the child to thrive with as little...
Considering prenuptial and post-nuptial agreements
When couples in Illinois are in love and planning for their next steps, divorce may be the furthest thing from their minds. However, these milestone occasions like marriage or pregnancy may inspire people to make plans in case they separate in the future. Prenuptial...