You have spent years building up your retirement accounts, so if you end up divorcing your spouse, you want to keep as much of a 401(k) or an IRA as you can. This means avoiding mistakes that could deprive you of money you would have otherwise kept from your divorce,...
Month: February 2021
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How does Illinois treat pets in a divorce?
In most states, the court only considers pets as property in a divorce during property division. Despite them being living things, the court does not set visitation or treat them any different than other property you own. According to the DuPage County Bar...
Protecting your share of the marital assets from dissipation
If your spouse has a large income, but your earning potential is much lower, you may be counting on fair property division to put you in a more comfortable financial position. With your portion of the investments and retirement accounts, you should be safe, right?...