High-asset divorces often involve significant property and complex financial arrangements. Prenuptial and postnuptial agreements can play an important role in deciding how to divide assets in Illinois. Keeping property separate Prenuptial agreements make it clear...
Divorce among older adults, known as grey divorce, has become increasingly common. When individuals over 50 decide to end their marriage, housing becomes a crucial issue. Grey divorce affects living arrangements, financial security, and emotional well-being....
In a high-asset divorce, keeping the family home may seem like the ideal choice, especially for emotional reasons. However, it is important to understand the financial pitfalls that may arise from this decision. High costs of maintaining the home Keeping the family...
In high-asset divorce cases, determining the value of a business is critical for equitable distribution. Business valuations can significantly affect the division of assets and financial settlements, making the process complex and detailed. This article explains the...
During a divorce, the emotional and financial stress can sometimes escalate to a point where safety becomes a concern. When a spouse's behavior becomes threatening or abusive, knowing when to request an order of protection is critical for your own safety. An order of...
Divorce later in life, commonly called a gray divorce, raises important financial questions, especially about retirement savings. If you're going through a divorce and nearing retirement age, you might worry about its impact on your financial future. The division of...
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...
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...
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...
Gray divorce refers to a divorce between older couples, usually those aged 50 and above. These divorces need special attention due to special, age-related considerations. Financial complexities Gray divorces often involve dividing retirement accounts like pensions and...
