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...
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...
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...
If you have a shared parenting arrangement, your kids probably live in two separate households. When your scheduled parenting time is coming to an end, you must prepare your kids to move temporarily to their other parent's residence. As you probably know, custody...
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...
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,...
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...
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...
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...
Coming up with a parenting plan may become a high hurdle for divorcing couples to clear. The Illinois court requires couples who share children to construct a blueprint for how they plan on conducting their parenting duties post-divorce. A parenting plan document can...
