Residents of Joliet and nearby counties of Illinois will want to learn more about divorces that include physicians. How is the medical practice seen? The medical practice will receive consideration as an asset whether the doctor is part of a group practice or a...
Month: December 2021
Important alimony laws to know in Illinois
It's a common misconception that the higher-earning spouse has to pay alimony to the other in a divorce. In some situations, this is true, but if both spouses have jobs and won't struggle financially, then the judge might not see alimony as necessary. Factors...
Divorce and your finances
Prepare yourself for the financial implications of a divorce in Illinois. Even prenups are contested. In a split, money matters are often the most volatile negotiation. Do your due diligence, walk through the law and grasp the technical aspects. Here are several...
What impact does divorce have on Illinois businesses?
About half of the marriages end in divorce, and some people have more assets to distribute than others. Having business interests makes it more complex. No matter the position in the company, a person can plan for divorce by understanding the major impacts of ending...