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.
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.
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.
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.
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.
Financial issues are one of the main reasons people in Illinois might experience marital discord. A survey by SunTrust Bank found that more than one-third of respondents said money is their main source of conflict in their relationship.
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.
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.
When people in Illinois think about divorce, they may not consider the tax implications. However, the Tax Cuts and Jobs Act, passed into law in December 2017, has several significant effects on how taxes are handled for divorced people. One of the most important changes concerns the taxation of spousal support payments. Currently, and for the past 80 years, the person who pays alimony to a former spouse is able to deduct the amount from his or her annual tax return. The recipient, on the other hand, pays taxes on the income in his or her tax bracket.
The Tax Cuts and Jobs Act of 2017 is having a major impact on how divorcing couples handle property settlements, particularly when it comes to alimony and spousal support. The effects are particularly significant for wealthy couples with high-asset divorces, as the tax effects are multiplied in higher income brackets. The changes will go into effect with the dawning of the new year in 2019, and many wealthy couples are moving quickly in order to finalize their divorces under the existing rules, which will remain in place until December 31, 2018. As long as a divorce is finalized before the end of the year, the former spouses will continue to retain their current tax treatment.