In a high-asset divorce, keeping the family home may seem like the ideal choice, especially for emotional reasons. However, it is important to understand the financial pitfalls that may arise from this decision. High costs of maintaining the home Keeping the family...
Remarriage can bring significant changes to a family's financial situation. In Illinois, it is common for parents to wonder if remarriage will affect child support obligations. Understanding how state law views remarriage in relation to child support can help parents...
Child advocates serve to protect the child's best interests during divorce cases. This service is especially crucial in high-conflict cases that are complex and emotionally charged. In heated divorce proceedings, it can be challenging for parents to come to...
When deciding custody, courts prioritize the child’s best interests. This becomes especially important when one parent has a history of substance abuse. Courts carefully evaluate the situation to determine what environment will be safest and most stable for the child....
In high-asset divorce cases, determining the value of a business is critical for equitable distribution. Business valuations can significantly affect the division of assets and financial settlements, making the process complex and detailed. This article explains the...
During a divorce, the emotional and financial stress can sometimes escalate to a point where safety becomes a concern. When a spouse's behavior becomes threatening or abusive, knowing when to request an order of protection is critical for your own safety. An order of...
When determining child support, the state follows a specific set of guidelines outlined in the Illinois Marriage and Dissolution of Marriage Act. These guidelines ensure that children receive adequate financial support. While there is not a fixed minimum child support...
Divorce later in life, commonly called a gray divorce, raises important financial questions, especially about retirement savings. If you're going through a divorce and nearing retirement age, you might worry about its impact on your financial future. The division of...
Going through a custody battle in Illinois can be a challenging and emotionally draining experience. It is important to stay positive and focused during this time, not only for your own well-being but also for your child's. Maintaining a positive outlook can help you...
Prenuptial agreements can be a practical tool for couples looking to safeguard their future business interests. A well-crafted prenup can help prevent potential conflicts by clearly defining what happens to business assets in case of a divorce. Identifying business...
