Whenever two people in Illinois decide to divorce, they should expect to experience some changes to their financial situations. Particularly if one of the parties works for an income and the other works to raise kids and support the home, both spouses may see their general wealth drop after their divorce is finalized. Though money can be an issue in any divorce, recent research suggests that gray divorcees -- those who divorce after the age of 50 -- experience greater and more significant financial troubles than their younger counterparts.
When an individual retains their parental rights over their child, they are expected to contribute to the financial needs of their offspring. If their child lives with them then they may make daily contributions to their child's care when they buy them food, pay to keep a roof over their head or purchase them new shoes, clothing and school supplies. However, when a child does not live with their parent that parent may not have the same level of regular involvement in the child's day-to-day care.
A divorce is a legal process that dissolves the relationship between two people who are joined in marriage. In order to file for divorce in Lake County and other areas of the state, at least one of the parties to the divorce must have lived in Illinois for at least 90 days. When they prepare their pleading to file for divorce, they will have to decide if their divorce will move forward on fault or no-fault grounds.
As is the case in other states, Illinois law allows a Lake County couple who need to live apart but who, for whatever reason, do not want to go through a full divorce to ask instead for what is commonly referred to as a legal separation.