Parents who are going through a divorce have to ensure their children have what they need, even during this major life upheaval. There are many factors to consider, one of which is the child’s participation in extracurricular activities. For many children,...
Family Law
Special consideration for divorcing business owners
The family business is likely a source of pride because of the hard work that went into building it. That same business can become one of the most contentious issues if the business owners go through a divorce. There’s a chance that one business owner is more...
Managing loneliness effectively can lead to a fairer divorce
Loneliness can create a strong urge to resolve the divorce process quickly, sometimes at the expense of important financial or parenting considerations. For example, someone may agree to an unfavorable settlement simply to end the emotional strain or maintain a...
Divorce over 50: special issues to consider
Divorce over the age of 50 involves a lot more than just ending a marriage. Often called “gray divorce,” it can raise financial and practical issues that are very different from those faced by younger couples. Gray divorces place retirement, healthcare and long-term...
Dividing large assets in divorce? Consider the tax impact
Dividing substantial assets during divorce can feel straightforward at first. You list what you own, assign values and work toward a fair split. But as discussions move forward, a new question surfaces: What will these assets actually be worth after taxes? The answer...
How to divide digital assets in an Illinois high-asset divorce
You invested in digital assets during your marriage, watching its value climb over the years. Now that you are facing divorce, you wonder how to split these digital holdings fairly. Their special nature often makes division confusing. Fortunately, you have several...
How to start the prenup conversation
Discussing a prenuptial agreement with your partner can be challenging. Will they think you are already planning for a divorce? Will they start questioning your commitment? A noteworthy percentage of Americans have reported being open to the idea of a prenup, but...
Addressing legal and physical custody in a divorce
If you go through a divorce with children, one of your first goals is likely to be addressing physical custody rights. When will your child live with you after the marriage ends, and when will they live with your ex? In some cases, parents will divide physical custody...
Navigating temporary financial orders in Illinois divorce cases
Divorce does not stop daily life. Bills still arrive. Homes still need care. Children still need support. In high-asset divorce cases, these issues can feel even more stressful because of large incomes, complex investments and expensive lifestyles. In such situations,...
When would a default divorce be used?
In most divorce cases, both partners are involved in the process. The person who files for divorce serves the paperwork to the other person, who then files their own response with the court. The couple can then agree on the terms of the divorce or, in the case of a...
