Divorce is not a walk in the park, but it is possible for some divorcing parties to part ways amicably. Sadly, it may not be the same for marriages with a history of domestic violence. The result of the proceeding can be totally different from those without any...
The division of marital property is an essential part of divorce. Both assets and debts may qualify as marital property, depending on when and how they were acquired. Depending on the circumstances of your divorce, you may end up settling the bill for your ex's debts....
Divorce is never easy, especially when children are caught in the middle. It is a rollercoaster of decisions and uncertainties. Amidst all the chaos, one crucial aspect that requires careful consideration is the parents' responsibility toward their child's future...
Divorce is one of the most challenging experiences for anyone, especially for children. It is critical to take care of yourself during this time and to pay attention to how your children are feeling and processing the divorce. Your goal during this time should be for...
There was a time you believed your marriage would stand the test of time, so much so that you willingly sacrificed your dreams of building a career to raise your child as a stay-at-home parent. Unfortunately, your marriage eventually breaks down. Now, you’re at the...
Illinois became a no-fault divorce state when Public Act 099-0090 went into effect on Jan. 1, 2016. The law allows married couples in Illinois to file for divorce based on the grounds of “irreconcilable differences.” Prior to the passage of that law, divorces were...
Studies indicate that the divorce rate in the United States is around 36%. With that in mind, thousands of Illinois residents go through the process of ending their marriage each year. While divorce creates several financial issues, knowing what to do with a...
When a couple in Illinois decides to seek a divorce, the process will involve dividing their assets. This part will include identifying separate and marital assets. Trust assets are one type of asset over which you and your ex might become contentious if one spouse...
Older couples who go through a divorce in Illinois have different considerations than those in their 20s and 30s. Many mistakenly believe they won't have significant financial issues following a split, yet financial difficulties can be a genuine but decidedly...
Something that can certainly make a divorce more complicated in Illinois is the ownership of specific kinds of assets. The ownership of real estate, business interests and other assets present peculiar challenges to the court in regards to how split up those assets...
