Illinois is an equitable distribution state, which means that marital property may not be divided equally in a divorce. Instead, a judge will make a determination about what is fair, given the unique circumstances of each couple. This can make the already complicated...
If you are a parent facing divorce proceedings, you may have concerns about child custody. To help minimize conflicts, and to make decisions easier, the courts consider what is in the best interest of the child. The state acknowledges that, in most situations, the...
The relationship that you have with your children doesn't end just because your relationship with their other parent has. The state of Illinois generally requires you to provide financial support to your children until they reach the age of majority. In addition, you...
Divorce can often be difficult. When high net worth people are involved, that can be even more true. Couples in Illinois who are ending their marriages need to be careful. It can be easy to fall into some costly mistakes when dividing assets. Avoiding common pitfalls...
Many Illinois couples who are going through a divorce have to decide what they will do with their marital homes. While a spouse might have an emotional attachment to his or her home, it is not always a good idea to keep it after a divorce. There are a few things...
Many people in Illinois would be surprised to learn the divorce rate for Americans has declined over the last two decades. The statistics provided by the Centers for Disease Control and Prevention show that for every 1,000 couples, four experienced divorce in 2000. By...
Some families in Illinois who are figuring out custody will also need to address any instances of domestic violence. Domestic violence allegations can have a significant impact on how a court determines child custody and visitation, even if the allegations and...
Divorce can be difficult for any couple, but when wealthy individuals end their marriage, the process can be complicated. If you live in Illinois, it is important for you to understand executive compensation in terms of how it is handled during marital dissolution...
Going through a divorce has a profound impact on every aspect of your life. Not only are you facing the prospect of reentering the dating world as a single person, but you also have to consider the financial ramifications. Divorcees should take the time to educate...
It's safe to say that many soon-to-be-divorced spouses in Illinois don't have the greatest communication. Although there are certainly some who may be able to work together, even then, the process may still be difficult. The stress and problems all magnify when a...
