Anyone who is undergoing a divorce will worry first about what happens to the tangible assets. These include the funds that you find in a retirement account, whether it's a 401(k) or a pension plan. There are different rules and conditions that a divorcing couple in...
Month: November 2021
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The basics of marital and separate property in Illinois
When divorce proceedings begin, you may get confused about how the divorce will affect your assets. It is important to understand what types of property are separate and marital, as this often plays a role in divorce settlements. What is marital property? Marital...
Does a job change necessitate child support modification?
If you are a non-custodial parent in Illinois, do you have to increase your child support payments if you change jobs? The answer is that it depends. Either you or your ex-spouse can petition for a change in child support payments if you meet specific criteria....