Divorce

If your Illinois divorce involves one or more business interests, tension and animosity may overtake an otherwise amicable split. Among the points of contention are questions surrounding whether the entity is marital property and its value. We often help negotiate...

Like most states, Illinois relies on equitable distribution for property division. While it does not call for a mandatory 50/50 split of assets and debts, there are instances when this might happen. However, how you and your partner receive compensation from your...

For many people, the years put into saving for retirement make the thought of losing a large chunk of that savings almost unbearable. Unfortunately, some spouses must split their 401K accounts when they get divorced.  In standard cases, when a person withdraws money...

It's almost a cliché that many unhappily married couples stay together "for the children." Many parents are afraid that the divorce of their parents will be traumatic for the kids. So they grit their teeth and promise themselves they will end their marriage once the...

You and your spouse were eating dinner when he suddenly put down his fork and looked straight at you. It took you by surprise, but with the look he gave, you knew what was coming.At that moment, everything you'd built up during your marriage seemed to fall apart. Now,...

When an Illinois couple gets a divorce, there are often challenges that make the process difficult. People can find themselves embroiled in various disputes that tend to make a divorce harder than necessary. Although it can be complicated to get through the process,...

Some people in Illinois may face a difficult decision during a divorce between accepting a less-than-satisfactory settlement or continuing to pursue their asset division or custody demands in court. There are advantages and disadvantages to both approaches.In general,...

Statistics show that more older people in Illinois and across the country are filing for divorce. Further, this is happening at a time when divorce rates are declining among all other age groups. Between 1990 and 2010, the divorce rate for individuals over the age of...

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...

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...