Finding A New Path Forward
A business divorce can complicate ending a partnership, especially when a couple owns the business together or one spouse holds partial ownership. Determining the value of the business is crucial in dividing assets fairly. How one handles the business valuation can...
Farming often involves a deep connection to family, land, and community. When a marriage includes farm ownership, couples must protect those assets. A prenuptial agreement provides security and clarity, ensuring the farm’s future remains safeguarded in case of...
When resolving disputes outside of court, two common methods are mediation and arbitration. Both aim to settle disagreements without a trial, but they work in different ways. Understanding these differences can help you choose the best approach for your situation....
Understanding how to request a modification of parenting time in Illinois is important for any parent looking to adjust their custody arrangements. Taking the appropriate steps increases your chances of a successful modification. When can you request a modification?...
Divorce is challenging, and running a farm adds another layer of complexity. Balancing these two demanding aspects of life can be especially tough. Here are some practical ways to manage stress during this difficult time. Lean on your support network Reach out to your...
Running a family business is challenging even in smooth times. When a couple who co-own a business decides to divorce, the future of the business can become uncertain. The decision to keep the business running involves several factors that require careful...
In Illinois, divorce involves determining which properties are marital assets and which are not. Inherited farmland usually qualifies as non-marital property. This distinction is important for farmers who have received land from family members. The primary rule is...
Divorce or separation can have a significant impact on family dynamics, especially when it comes to parenting arrangements. When determining parenting time, several factors need careful consideration to ensure the well-being and stability of the children involved....
Divorce can be a tumultuous and challenging experience for anyone. The process impacts various aspects of life, including one's professional practice. For doctors, teachers and other professionals, navigating the complexities of divorce while maintaining a high...
When parents decide to part ways, the custody battle is not just about children. It can significantly impact the family business and the financial support available for the child. One central aspect in these proceedings is determining which parent will retain...