The focus of many divorcing couples is on who gets the marital property and how to divide parental responsibilities. However, for couples who have outstanding debt, determining who is responsible for which debt is also important. How do the courts divide debt in an in...
Unless you or your former partner wishes to stay in the in Illinois home you once shared after a breakup, you may need to think about selling the home you lived in during your time together. There are many important considerations involved in selling a home amid...
With divorce comes a lot of crucial decisions. You know you must put in more effort to protect your financial health, but what steps should you avoid? Fox Business explores common financial blunders divorcing individuals make. Learn what moves to make and which to...
Your finances can take quite the brunt of your divorce in Illinois. Sharing all of your life's savings, debts and assets with your former spouse may leave your reserve much lower than before. Fortunately, with some work and commitment, you can rebuild your finances...
Divorce is expensive. According to Debt.org, the cost of divorce, per person, is $15,000. This number includes the cost of attorney fees, court costs and costs associated with hiring professionals to help with things such as child support, taxes and real estate....
Divorce is rarely easy, but the process is further complicated when you have kids. Even when there is much conflict in the home already, children often experience a range of emotions after parents officially separate. While you cannot spare your children from all...
The stress of going through a divorce can take a toll on everyone involved. You and your former spouse, along with your children, are all experiencing a major transition. Helping your children understand and adapt to the changes may not be easy, but it is an important...
Going through divorce often proves a dramatic and stressful time for everyone involved, but divorcing parents may sometimes forget this also involves your child. After all, their life will also end up inevitably changed by this development just as much as your own....
If you were the primary income earner in your marital home in Illinois, then you may have no issue in helping support your ex-spouse transition to their new life in the immediate days following your divorce. Such support is typically offered through alimony or spousal...
A couple about to marry has a lot of decisions to make regarding their future. In some cases, both spouses have a job but one of them wants to stay home and care for any children they will have. This will be an important life decision that could have implications if...
