Divorce proceedings involve the dissolution of not only emotional ties but also financial assets. In Illinois, the division of assets follows specific guidelines that are set by the state. By knowing some of the terms and guidelines associated with asset division,...
Divorce
How to spot the signs of your spouse hiding assets
Divorce is one of the most challenging life events for most couples. While you may expect some financial turmoil, you should not have to expect that your spouse may attempt to hide assets to gain a more favorable financial outcome. If you can identify the behavior,...
How does a financial advisor help in a divorce?
Divorce is a complex and emotional process. It is also one that can significantly impact one's financial landscape. Engaging the services of a financial advisor during divorce proceedings helps ensure financial stability during and after this transition. From...
How pet custody is determined during a divorce
According to the results of a survey by the Pew Research Center, 97% of pet owners consider their pets to be part of their family. When this view carries over into a divorce, it is up to the court to decide who the animals should live with. When relationships end in...
Child support arrears and passport privileges
Divorce can raise a number of concerns with respect to children, from custody decisions to the emotional impact of parents parting ways. It is critical for parents to prioritize their child's best interests during and after divorce. Additionally, parents can face...
Couples counseling can improve your co-parenting relationship
Navigating co-parenting after a divorce can be a challenging and emotionally charged experience. The end of a marriage often brings about significant changes in family dynamics, which can impact the ability to effectively co-parent. Attending couples counseling...
Factors that influence alimony determinations in Illinois
When a couple divorces in Illinois, one of the significant considerations is the potential for alimony, also known as spousal maintenance. Alimony involves financial support one spouse provides to the other during and/or after the divorce. The purpose of alimony is to...
Why should a couple consider opting for mediation?
Many people going into a divorce situation want to avoid spending time and money on a lengthy and stressful court battle. Thus, alternative resolution methods have gained increasing popularity over the years. This includes mediation, an option that many may find a...
How does wealth impact divorce?
When going through a divorce, asset division is often at the top of people's minds when it comes to things they are not looking forward to. To that end, assets and wealth in general have a big impact on divorce itself. But in what ways does wealth truly impact...
What can a mediator do in a divorce?
Going through divorce is hard enough without adding any additional stressors to it. To that end, how can you make divorce as easy as possible? You could potentially skip litigation, i.e. the process of taking your divorce to court. But what can you do instead?...