Divorce is tough to go through at any age. For those over 50, it comes with extra challenges. While any separation involves emotional and financial adjustments, those ending a long-term marriage face unique hurdles that deserve attention. Financial implications The...
Divorce
How a divorce becomes more complex when a spouse is hiding assets
Divorce is already a difficult and emotionally charged process at the best of times. Things can become even more complex when one spouse attempts to hide assets from the court. This deceptive behavior not only prolongs the divorce proceedings but also creates...
4 common reasons for divorce
Divorce is more common now than it has been in the past few decades. You may wonder what contributes to those decisions. There are a few common reasons for couples to pursue divorce. 1. Lack of communication One of the most frequently cited reasons for divorce is a...
Supporting your child’s emotional well-being during divorce
Telling people that you plan to divorce can be difficult, especially if you have children. Parental divorce can profoundly affect children, reshaping their lives in both immediate and long-term ways. Understanding these impacts and working to minimize them can lessen...
Understanding maintenance support in an Illinois divorce
Maintenance, commonly known as alimony or spousal support, sometimes plays a role in divorce proceedings in Illinois. It provides financial assistance to a spouse who may face economic challenges post-divorce. Maintenance assists the lower-earning spouse in...
The impact of adultery on Illinois divorce proceedings
When infidelity ends a marriage, the wronged spouse may believe or hope that the other one receives his or just desserts during the divorce process. A common misconception is that the cheater will lose everything. The reality is that Illinois is a no-fault state,...
4 reasons to get a business valuation during a divorce
In the complex world of divorce proceedings, business owners in Illinois often find themselves facing unique challenges. Among these challenges is the need to determine the value of their business, a task that might seem daunting at first glance. However, undergoing a...
FAQs about divorce in Illinois
Divorce can very clearly be a challenging process, regardless of your circumstances. If you find yourself contemplating or navigating a separation in Illinois, it is only natural to have questions. Understanding the basics can help you navigate the legal landscape...
Does your divorce team need a financial advisor?
Divorce is a complex process that extends beyond the emotional and relational aspects, impacting your financial landscape quite a bit. In Illinois, adding a financial advisor to your divorce team can help you navigate the intricate financial terrain. The benefits of...
How does fault affect divorce in Illinois?
When a marriage ends, fault may play a role in the divorce proceedings. It can influence matters such as property division, spousal support and child custody. Individuals should understand how fault may affect the process of divorce in Illinois to prepare for...