You may not be aware of just how complex your marital finances are until you decide to get divorced. Depending on the kind of property you own and the financial assets you’ve acquired since you got married, your financial reality could be seemingly inextricably...
When was the last time you altered your child custody agreement? Perhaps you haven’t seen any changes since you originally created it. Many people have the option to alter their custody agreement after one has been in effect. Yet, while you have the option to make...
You and your spouse may have spent many months looking at properties before you found the perfect marital home. It is also quite common for people to commit a significant portion of their monthly income to their mortgage and to improvements at their primary residence....
Property division is an integral part of a divorce, and Illinois is an equitable division state. This means that marital property is divided equitably, not necessarily 50/50. In most cases, the court will distribute assets based on a party's needs. Here are three tips...
A “contested” divorce is one where the parties are in disagreement about at least one (and probably several) of the major issues that must be decided. This may include the division of property, the amount of support that must be paid and custody plans for the...
A family court will consider several factors before allocating parental responsibilities after divorce. Key among them is the children's best interests, which must come first in any decisions affecting them. But, what exactly are these interests, and how will they...
With millions of dollars in assets and business interests on the line, settling a high-asset divorce is never easy. Tensions often run high, and it is easy to act impulsively or make costly slip-ups. Therefore, it helps to understand what to do in such a divorce to...
As a financially dependent spouse, you may be entitled to financial support from your spouse during and after a divorce. Alimony is supposed to help you meet your financial needs and maintain a lifestyle similar to the one you were used to during the marriage. When...
You and your spouse have likely spent years putting your paychecks in the same checking account and making payments on the same mortgage. When you decide to divorce, you will have to separate your financial resources and obligations, which can be very challenging. The...
Many divorced parents plan out some kind of co-parenting child custody agreement that works in their and their child’s best interests. Deciding what is in the best interest of a child can be difficult, but not impossible when a co-parent is willing to work with the...
