Finding A New Path Forward
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...
Asset hiding exists alongside divorce and has since divorce itself became legal. These days, many people attempting to hide assets in divorce turn toward cryptocurrencies to do so. But how and why do they do this? Transferring assets to crypto CNBC discusses the use...
One of the challenges of divorce as a business owner is ensuring the proper valuation of your business for the settlement. It can be challenging to assess the value of your own business for a divorce, but some professionals can help. You might need a forensic...
Even if it is the best decision in your situation, divorce leads to stress and difficulty for everyone involved. Understanding how long the process might take helps you prepare. Every situation is unique and many factors can impact your timeline, however, in Illinois,...
Tax deed foreclosure is a legal process by which a local government can sell a property to recover unpaid taxes. While the design of the process prioritizes fairness and transparency, it may not always work out that way. Read through to understand why the process may...