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It's not unusual for couples to spend hours arguing in Illinois court about who gets what in a divorce. In order to treat everyone fairly and try to keep arguments brief, courts usually use the concept of equitable distribution to divide assets. Equitable distribution...
Divorce can be emotionally overwhelming, and the intense emotions often experienced during the process, as some Illinois residents will find, can cloud their views of finances. But keeping the focus on these finances is important to negotiate a fair divorce...
Divorce is a difficult thing to go through in Illinois, and it can be especially hard when you are not sure if you will be able to handle it. Here's what you need to do when your spouse approaches you about getting divorced. Be calm and rational It is easy to...
During a person's marriage, every dollar they make is only half theirs. Money made during a marriage is considered marital property, and money made after divorce is separate. Money made after a divorce might be confusing since some circumstances in Illinois allow an...
No-fault divorce emerged as a concept in American law during the mid-20th century. Oklahoma and California were the first states to decide no one needed to be officially blamed when a marriage came to an end. These days, every state offers some level of no-fault...
Discussions over alimony are often the most contentious part of divorce negotiations. Alimony is awarded to ensure that the petitioning spouse is able to meet their monthly financial obligations, but it does not guarantee that they will continue to have the same...
Divorce proves to be a trying time, and many estranged spouses want things to end quickly. Rushing through a divorce settlement may seemingly help deal with current stress and anxiety levels, but expediency may result in financial troubles. Divorces taking place in...
When getting divorced in Illinois, a lot of issues need to be addressed During this time, one of the biggest decisions is what will happen to the home you and your spouse lived in. Fortunately, you have several possible options to choose from. Here's a closer look at...
Divorce is stressful as it is, but when you own a business together, it can be even more complicated. A business is a marital asset, so whether you and your spouse operated the business together or not, each spouse may be entitled to a portion of the value of the...
If you are considering a divorce in Illinois, you might want to have a consultation with an attorney to get some of your general questions answered and get an idea of what to expect throughout the process. The better prepared that you are in this initial consultation,...
