Finding A New Path Forward
Divorce is a challenging and emotional process, and one of the most significant concerns that often arises during this time is the division of assets, including your retirement funds. Protecting your retirement assets in a divorce helps ensure your financial...
If you own a business in Illinois and are going through a divorce, you need to understand how the process can impact your enterprise. Divorce can have significant repercussions on your business, particularly regarding the division of marital property. The hard work...
CNBC reported that maintaining a more expensive lifestyle could lead to divorce as it can often spark financial arguments, and a survey found 35% of people said finances were the main trigger for their divorce. Money is a complicated topic no matter how much of it you...
As of 2021, the Centers for Disease Control and Prevention reports the divorce rate is 2.5 per 1,000 population in the United States. It can happen to anyone. Divorce can be a complex and challenging process, especially when a couple has significant assets. When a...
For many divorcing couples, the family home is the single most expensive and important asset they must deal with. If you are a farmer, this can get even more complicated. Not only must you figure out a way to divide the house, but acres of farmland too. A farm has...
The process of divorce is often complex, particularly when it involves dividing marital property. In Illinois, this process follows the principle of "equitable distribution," which means that the court should divide marital assets fairly, but not necessarily equally....
The World Population Review estimates that Illinois has roughly 6.2 divorces per 1,000 people yearly. That means, in 2022, there were roughly 78,000 divorces. Many of those marriages involved couples who shared a business, which can cause some complications. If you...
You can probably repair your relationship if you fix your issues early enough. However, if it reaches a point where there is too much damage, it may be beyond repair. Here are some signs that it is time for you to consider a divorce. You never argue Arguments are...
Going through a divorce can be complex and emotionally challenging. Individuals facing a high-asset divorce often require the expertise of various professionals to ensure a fair and equitable resolution. This article explores the key experts individuals should rely on...
Getting a divorce does not mean that spouses must divide all of their property 50-50. In accordance with Illinois’ equitable distribution approach to the division of marital property, courts attempt to distribute assets between spouses fairly. In many cases, an...