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...
Divorce
Unique considerations for a gray divorce in Illinois
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...
How to protect your digital assets in a divorce
Divorce can be a challenging process, and protecting digital assets is an important part of it. Digital assets include online bank accounts, social media profiles, emails, digital photos and cryptocurrencies. Change all passwords According to the CDC, the divorce rate...
4 digital assets that you may need to protect in a divorce
In today's digital age, divorcing couples in Illinois need to be mindful of more than physical assets. For example, digital assets might require protection during divorce proceedings. They may include online accounts, cryptocurrency and intellectual property. 1....
3 types of parenting plans for divorced parents
Divorced parents often face challenges when trying to coordinate their lives and maintain stability for their children. You need to have a well-crafted parenting plan. It helps manage the responsibilities of each parent and ensures the child's needs remain a priority....
3 strategies for managing your finances in a gray divorce
Navigating a gray divorce can bring about financial challenges, especially for those who are nearing retirement age. When couples decide to part ways later in life, they often face complex financial decisions that can impact their financial stability. In such...
3 ways to assess needs versus wants in an Illinois divorce
Divorce can easily be emotional, no matter the reasons behind the split. People may lose sight of needs versus wants. Needs are for survival, well-being and basic quality of life. They encompass shelter, clothing, health care and education. Wants contribute to...
What makes gray divorce complex?
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...
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...
