It is important to consider your future retirement plans when you are going through a divorce. Odds are high that you and your spouse have made retirement plans jointly, and you will need to separate your finances as the marriage comes to an end. If you simply have...
When you first bring up the idea of divorce, your spouse makes it clear that it is not something they are interested in. Maybe they even directly tell you that they are not going to get divorced. They do not believe in it. Even so, you eventually decide that the...
Many couples enter marriage with the best of intentions but without a formal financial plan in place. If you and your spouse did not sign a prenuptial agreement before your wedding day, you have a second chance with the creation of a postnuptial agreement. These...
If you have spent years building a collection, divorce may raise an immediate issue: what happens to those items now? Watches, coins, art or other collectibles may carry both personal and financial value. How you acquired each item and what it is worth can affect how...
Years after signing a prenup, you discover during divorce that the agreement does not address certain assets, such as an investment account, a business you owned before marriage or property acquired during the marriage. How will the court treat these assets? In...
Illinois kids are headed back to school, and families are readjusting to the school year routine this month. When you share parenting time with your child’s other parent, it may take a little more work and preparation to keep things moving smoothly during this...
If you are moving toward a divorce, it is important to gather financial documentation. You and your spouse are likely going to have to split up marital assets, and this may mean making financial disclosures to the court. Documentation like bank statements, credit card...
When parents separate or divorce, one of the biggest concerns is where the child will live. People often ask if the child can decide which parent they want to live with. While a child may have a strong preference about where they want to live, that doesn’t...
Your home is likely your most significant financial investment and the foundation of your family life. Going through a divorce is incredibly stressful, and worrying about where you or your children will live only adds to that heavy burden. Illinois law does not simply...
For many parents, the possibility of losing time with their children is the biggest issue they face during a divorce or non-marital split. The allocation of parental rights and responsibilities may include a percentage of overnight time and even arrangements for...
