If you are like thousands of people facing a divorce, you might feel it is very important to try and keep your home instead of selling it as part of your divorce process. Keeping the home may be of particular value to you if you have young children. Staying in the...
Divorce
Is joint custody right for everyone?
Joint custody is one of many options when it comes to child custody arrangements in divorce situations. Though it is not ideal for everyone, it does have numerous well-documented benefits. How can you tell if it is right for you, though? Potential benefits of joint...
How a business valuation affects asset division during divorce
One of the most contentious aspects of any divorce is the division of marital assets. It is not likely to be a straightforward process, especially if you or your spouse are business owners. In most cases, part or all of a privately-owned business is marital property...
How does wealth factor into divorce?
When going through divorce, numerous things can trigger arguments. Wealth is one of the biggest impacting factors. How does wealth impact arguments in divorces? Does having a higher asset amount mean a couple will get into worse arguments? Assets tied to arguments...
3 mistakes to avoid in divorce
The United States has the fourth-highest divorce rate in the world, and in 2019, someone was getting a divorce in this country every 42 seconds. Although divorce is common, it is not necessarily simple, but many individuals seem to complete the divorce process without...
What are common methods of asset hiding?
During a divorce, one spouse may decide that it is a good idea to attempt hiding assets. Asset hiding happens for a variety of reasons, but the methods often differ. What are the most common methods of asset hiding to keep an eye out for? Passive vs. active asset...
What kind of strategies are important for co-parenting adult children?
Many couples going through a divorce must complete a parenting plan to demonstrate how the children involved in the divorce will receive the necessary care, support and resources to thrive. As a couple ages, the children move past the point of needing guardianship,...
How do people try hiding assets?
Going through divorce is already difficult enough without throwing complications into the mix. Unfortunately, this is exactly what happens when one spouse decides to hide assets. It is important to understand asset hiding, the places that a spouse may try to hide...
3 things to know about asset division during an Illinois divorce
If you and your spouse have decided to end your marriage, you may have deep concerns about how a judge might distribute property between you. In Illinois, the court divides marital assets according to a principle of “equitable distribution.” Rather than award each...
3 signs you may need divorce therapy
Divorce has the potential to take an extreme toll on anyone's mental and emotional well-being. Indeed, according to Psychology Today, you may experience a host of emotions, including anger, depression and anxiety, in the lead-up to your divorce. This is true even if...
