A divorce involving Illinois spouses with significant assets could involve complex negotiations for a fair settlement. Sometimes, one party might have substantial assets and a net worth more significant than the other. The one of lesser means may need to look closer...
Month: February 2023
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Divorce and your retirement
Ending your marriage may have a significant impact on your finances both now and in the future. For example, it may make it difficult to afford your Illinois home or essential items such as food or clothing. It's also possible that taking such a step may force you to...
Dealing with a reverse mortgage in a divorce
Illinois residents who are 62 years of age or older often take out reverse mortgages instead of home equity loans. A homeowner does not make payments on a these loans as long as the property remains their primary residence, and reverse mortgages, which are called home...