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...
Divorce
Is my spouse hiding assets?
It's tough to hear, but many spouses attempt to hide assets during a divorce. When assets are hidden, they'll fail to be included among marital property, which the court divvies up equitably among both spouses. Forbes offers the following tips on how you can...
Weighing whether to cash out your portion of a 401k
Your divorce in Fox Lake will inevitably bring with it many changes. These changes can often place a heavy financial burden on you (even with the prospect of you receiving a property division settlement looming). The need to secure housing, complete job training or go...
Planning your divorce can help protect your business
When business owners get divorced, their spouses often have a valid claim to a portion of the business's value as a part of their divorce settlement. If an owner doesn't approach the divorce process with clear priorities and careful planning, they may lose their...
Prepare for your divorce by listing assets
Most people who get married in Illinois do not plan to divorce. Couples set up their home, travel, collect art, open joint bank accounts and move forward in the next phase of life. However, if the writing is on the wall and divorce seems imminent, you can prepare for...
Options when your spouse wants to keep the house
For divorcing couples in Illinois, the process of splitting up their marital assets and debts can be quite complicated. Many couples find that their family home is not only their single most valuable asset but it is also one that elicits a lot of emotion due to the...