Your parents left you a hefty inheritance when they passed away five years ago. You were already married but you do not have any children, so you didn’t spend the money on college tuition or anything of that nature. You just set it aside for the day you retired,...
Trying to split your property and debts is one of the hardest steps in an Illinois divorce. Couples with more assets will have more to fight over during their divorce proceedings. Retirement accounts are often among the largest assets people have, meaning they lead to...
You hear plenty about failed marriages, yet no one talks about a failed divorce. No one can stop you if you want a divorce, yet ending your marriage is only part of it. For a divorce to succeed, you need to put yourself in a strong position for life alone. Planning is...
A divorce is a very difficult time in a person’s life. For some, the thought of having to split up all the assets they’ve worked hard to obtain is one that’s just more than they can handle. This can bring up some emotional turmoil. Dealing with your emotions is...
You know that your main goal for your divorce, other than making sure you get to see your kids, is to keep the family home. You and your spouse bought it jointly, but you picked it out, you were the one who loved the neighborhood and you don’t want to give all of that...
The personal finance website Worthy conducted a survey of at least 1,785 divorced women in 2018. At least 22% of them were 55 or over. They did so to understand the impact if any, that divorce had on womens' future finances. Study authors discovered that 46% of women...
When you have children, figuring out how to split up parenting time will probably be one of the hardest parts of getting an Illinois divorce. You and your ex will likely have strong feelings about wanting as much quality time with the children as possible, and...
Life's unexpected curveballs can take a toll on your finances. Divorce is one of those obstacles that may jeopardize your lifestyle. You may find yourself in a particularly vulnerable financial situation if you aren't the primary income earner and aren't involved with...
As the song goes, breaking up is hard to do, no matter what the situation. Whatever brought you to the point of a divorce, you have to suddenly reinvent your entire vision of the future. On top of all that, you may be dealing with complex financial and legal issues,...
When you’re not married to the mother of your children, you will notice that there is an automatic assumption that she will be the primary parent. As a father, you need to assume that role and sign your children’s birth certificates to set up that biological, and...
