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Divorce Archives

How to handle cryptocurrency assets in a divorce

Some people in Illinois who are getting a divorce may suspect a spouse of hiding cryptocurrency assets. This can be particularly easy to do if the cryptocurrency is purchased directly and then moved offline. However, penalties for hiding assets in a divorce could include getting fewer marital assets and going to jail for contempt of court.

Changes to spousal maintenance in Illinois

Legal changes over the past years have affected the way spousal support or maintenance is calculated in Illinois. Maintenance, once known as alimony, is a post-divorce payment from one spouse to the other to help provide a financial equalizer, especially when there is a significant earning disparity between the parties. Before 2015, maintenance payments were awarded at the discretion of the court, taking into account a range of factors such as each party's income and property, their respective earning capacities and the length of the marriage.

Major reasons why people choose divorce

There are a number of reasons why people in Illinois may decide to end their marriage, but some are more common than others. One study examined people who had participated in a premarital communication program but later divorced; they were asked about the reasons for their divorce 14 years after their original involvement with the program. The study aimed to understand what kinds of issues contributed most to their decision to separate.

Changing tax rules for divorce in 2019

The dawn of the new year in 2019 will also mean the introduction of new tax rules that could significantly affect Illinois couples planning on divorce. The end of 2018 will also be the end of alimony tax rules that have remained settled for decades; while the change will not affect couples who have already finalized their divorce, it will apply to everyone who ends their marriage moving forward. Many people are concerned about how the changing treatment of alimony could affect the potential of a divorce settlement.

How parallel parenting can help prevent conflict after divorce

When parents in Illinois get a divorce, they might know that the ideal is a cooperative, communicative co-parenting relationship. However, despite these good intentions, in some cases, there may simply be too much conflict for this to be successful. Since research has shown that seeing conflict between their parents is usually the most damaging element of divorce for children, parents may still be able to provide a healthy environment of sharing custody and visitation by avoiding direct contact.

What parents are worried about a child's safety

When parents in Illinois are going through a divorce, one may be worried about the child's safety with the other parent. This was the case for one parent who said the child's mother drank too much. When they separated, she took their 7-year-old son and cut off contact even though the father had been the son's main caregiver his entire life. The father was worried that she would drink and drive with their son in the car.

Kids can bounce back from parental divorce

When Illinois parents decide to divorce, it is often a step taken after extensive thought and deliberation. Foremost in the mind of many parents is a concern about the emotional and psychological well-being of their kids following a parental divorce. The period surrounding a divorce can be confusing and upsetting for kids, but many children are emotionally resilient. Parents' actions and attitude can make all the difference in achieving a successful outcome for their children during and after a divorce.

Study examines role of workplace in divorce

People in Illinois who are in opposite-sex marriages and who work in a field that is dominated by the opposite sex may be at a higher risk of divorce than those who work in fields that are more mixed or dominated by their own sex. This was the conclusion of a study that appeared in the journal "Biology Letters" on Sept. 25.

The growing trend of divorce among older adults

Older adults in Illinois may be more likely to divorce than the same age group was in 1990, and the risk may be even higher if the marriage is not the first or if it has not lasted very long. Compared to that year, the nationwide divorce rate for people who are 50 or older is now twice as high, and it is three times as high for those who are at least 65 years of age.

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Gauthier Family Law

Gauthier Family Law
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Vernon Hills, IL 60061

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