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
Preparing financially for divorce
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....
How can I help my children cope with divorce?
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...
Helping children prepare for the divorce process
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...
Does cooperating with your co-parent help?
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....
Ending an alimony obligation due to cohabitation
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...
How can a prenup provide for a nonworking spouse?
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...
4 tips to help you prepare your finances for property division
If you and your spouse have decided to end your marriage, you probably dread having to go through the property division phase of the divorce. The financial aspect can seem especially daunting. But with advance preparation, you will likely have a less stressful...
Maintaining career performance during your divorce
The emotional impact of divorce can affect your ability to focus on other important areas of your life. You may find that strong emotions, ongoing conflict and exhaustion threaten both your personal and professional success. Maintaining your performance at work may...
Understanding the allocation of parental responsibilities and parenting time
In an ideal situation, both parents will be cooperative and fully involved in all decisions and actions regarding the upbringing of their children after divorce. The reality of most divorces requires the court to step in and help when parents are unable to agree. in...
