Couples use prenuptial agreements to work out issues that may come up in divorce. If you have a prenup ready to go, you might believe you will avoid a lot of the conflict and acrimony that comes with ending a marriage. This will depend on whether an Illinois judge...
Divorce
Dividing college expenses after divorce
Illinois divorce law is unique in that judges can require parents to pay for their children's college education. If you are ending your marriage and will share custody of minor children, you may want to make arrangements for these expenses in your parenting agreement....
How does spousal support work in Illinois?
After divorce, one or both spouses may experience financial struggles. After all, maintaining two households costs much more than maintaining a single household. If you are unsure how you will support yourself after divorce, explore the laws that pertain to spousal...
Can you do damage control when breaking news of divorce?
Illinois parents like you have a lot to handle when approaching divorce. One of your primary concerns is your child. You have to deal with the behind-the-scenes issues like child custody and support. But there is more to it than that. One of the biggest initial...
How can I save money on divorce?
There are multiple costs associated with a divorce. However, many people focus on the end cost. By this, we mean that the majority of the focus ends up on expenses like alimony or child support. However, it is important to realize that divorce itself can be a very...
How will a judge divide your property during a divorce?
When preparing for a divorce, understanding some of the primary court procedures and actions may prove beneficial. In Illinois, one of the most hotly debated topics during the legal uncoupling process is who gets what. If a couple cannot agree on how to divide assets...
How is child custody determined?
When a couple gets a divorce, one of the main questions that need answering is how much time each parent is going to spend with their child or children. The general assumption is that 50/50 custody is in the best interest of the child. This means the child will spend...
What couples should know about splitting an IRA during a divorce
The aggregate divorce rate in the United States has fallen over the past few decades. However, there has been a dramatic increase in the number of gray divorces, which refers to divorces involving individuals who are over the age of 50. Illinois residents who are...
Should you wait to take control of your finances during divorce?
While there are plenty of warnings out there about the consequences you could face if you move money around, hide assets or spend frivolously during your divorce, it is not required that you suspend all efforts to deal with your finances. In fact, if you are getting...
Continuing coverage with your ex-spouse’s insurance
Pending divorce proceedings in Fox Lake offer you the chance to sit and consider those things that will change once your divorce becomes final. One of them may be the association that you have with your ex-spouse’s employer. While that may seem to be a small...