Coming to the realization that your marriage is not going to work out can leave you feeling scared and uncertain. The reassurance of a joint bank account during this tumultuous time might keep you from wanting to sever that connection right away. However, maintaining...
When you are gathering financial records for a divorce, comprehensive information is essential. The financial affidavits required by the court system are legal documents and accuracy is key. In some divorce cases, a forensic accountant is a beneficial investment. Here...
When you file for divorce after a decade or more of marriage, the length of your marriage automatically shifts your divorce into a different bracket. There are certain entitlements for marriages that last that long. Understanding what you are eligible for when a long...
One of the most contentious issues in most divorces, aside from child custody, is finances. Once the divorce process begins, you, unfortunately, will have very little control over what happens to your money and assets. Though Illinois is not a community property...
People marry assuming they will be together until the end of time. Nonetheless, even solid relationships can fray to the point that the pair splits. Acknowledging the possibility of divorce paves the way for a smoother future. Fiancees that sign prenuptial agreements...
Most people living in Illinois find that their financial futures look entirely different after they split from their husbands or wives. Divorce has notable, measurable impacts on your finances, but there are certain things you might do amid divorce to help mitigate...
Gray divorce refers to divorces in couples at age 50 or older. The prevalence of gray divorce has increased in the last three decades, with far-reaching implications for retirement funds and long-term living expenses. Here are some things to know about what happens...
If you are like thousands of people facing a divorce, you might feel it is very important to try and keep your home instead of selling it as part of your divorce process. Keeping the home may be of particular value to you if you have young children. Staying in the...
Joint custody is one of many options when it comes to child custody arrangements in divorce situations. Though it is not ideal for everyone, it does have numerous well-documented benefits. How can you tell if it is right for you, though? Potential benefits of joint...
One of the most contentious aspects of any divorce is the division of marital assets. It is not likely to be a straightforward process, especially if you or your spouse are business owners. In most cases, part or all of a privately-owned business is marital property...
