Prenuptial agreements can be a practical tool for couples looking to safeguard their future business interests. A well-crafted prenup can help prevent potential conflicts by clearly defining what happens to business assets in case of a divorce. Identifying business...
Month: July 2024
Navigating the 5 stages of grief during divorce
Going through a divorce can be a significant life change, and it brings a wave of emotions that many people aren’t prepared for. If you're experiencing this, it's important to recognize these feelings as normal parts of healing. Understanding the stages of grief can...
Signs your children are struggling to cope with your divorce
Divorce is a difficult experience for everyone involved, especially children. Even if the divorce itself was amicable, the changes it brings can be stressful and confusing for kids. While some children adjust quickly, others may struggle to cope. You should be aware...
Spousal maintenance tax implications in Illinois
Spousal maintenance, once called alimony, plays a crucial role in divorce settlements. Understanding the tax implications of receiving or paying maintenance in Illinois is important for financial planning. Tax implications for the payer If you are paying spousal...