Prenup in Illinois: Understanding the Benefits and Legal Implications
The Role of Prenups in Illinois Marriages: Clarifying Financial and Legal Responsibilities The Role of a Prenup in Illinois Marriages A prenup in Illinois can be a vital component of a marriage, providing both clarity and protection for the spouses involved. While marriage is often viewed as a romantic partnership, it also entails significant financial […]
Preparing Financially for Divorce
In the middle of divorce, financial decisions are among the most difficult and complicated to make. In the past, when a couple was divorcing, it was often the woman who ended up without anything, especially in states where there was no equal distribution property law and the woman did not work outside the home. These days, […]
Division of Assets during a Divorce
All couples — even those that are not planning on divorcing — should prepare their assets and investments in a way that they can be fairly divided. If, however, you did not manage your finances and are planning on divorce, know that you are not alone. Many couples miss this important aspect of financial planning. The […]
Division of Property: Ramifications of Moving out of the Family Home during Divorce
When you are going through a divorce or approaching the beginning of marital dissolution, the separation of family items and assets can be both one of the most emotionally difficult and legally contentious part of the process. The family home – usually part of the division of property negotiations – is one of the most important assets […]
How a Simple Divorce Turns into a Complex Divorce
A surprising number of people believe their divorce will be simple. However, many divorces turn out to be much more complex than people expect. Often the process of filing for divorce brings to the surface buried resentments and previously unknown facts. When a divorce becomes complicated, you need a skilled divorce attorney to help you through the […]
The Importance of a Prenuptial Agreement
There’s nothing in a fairy tale romance about a prenuptial agreement, and many couples shy away from drawing up this important legal document before marriage in an effort to avoid the perceived stigma of a prenup — “we only need this if one of us will be cruel or unfair in the event that our marriage […]
How Illinois Courts Handle Property Division during a Divorce
On your wedding day, it is hard to imagine the bells will one day stop ringing. However, people can change, and so can your relationship. Sadly, nearly half of all U.S. marriages end in divorce. You are now faced with a mountain of challenges – from battling over child custody to learning how to navigate your […]
Credit Card Debt and Divorce
When you are going through a divorce, financial concerns may feel like the last thing you want to consider. After all, when your family and emotional life is crumbling around you, dealing with credit card debt, mortgage payments, and property division can seem almost overwhelming. Dealing with financial issues, however, is one of the most important […]