Blog: Divorce
- The Ultimate Checklist: Preparing for Divorce and Custody Issues in Illinois
Jul 17, 2024
Divorce 1. Understand Illinois Divorce Laws Residency Requirements: Grounds for Divorce: 2. Gather Financial Documents Income Information: Assets and Liabilities: Monthly Expenses: 3. Plan for Child Custody and Support Custody Arrangements: Parenting Plan: Child Support: 4. Protect Your Assets and Interests Prenuptial Agreements: Marital vs. Non-Marital Property: 5. Seek Emotional Support Counseling: Support Groups: 6. Consult with a Skilled Family Law Attorney Legal Guidance: Mediation and Negotiation: Litigation: 7. Prepare for the Future Post-Divorce Budget:...Read More - Top 6 Actions to Take When Facing a High-Conflict Divorce
Jun 17, 2024
Divorce is never easy, but when faced with a high-conflict situation, the process can become overwhelming and emotionally draining. High-conflict divorces are marked by intense disputes, ongoing hostility, and often involve complicated issues like child custody and asset division. Here are the top six actions to take when facing a high-conflict divorce in Illinois. 1. Secure Legal Representation Immediately The first and most crucial step is to secure experienced legal representation. High-conflict divorces often involve...Read More - Navigating Divorce in Illinois: A Comprehensive Guide
Jun 7, 2024
Divorce Understanding the Grounds for Divorce In Illinois, divorces can be granted on both fault and no-fault grounds. However, most divorces in the state are filed on no-fault grounds, which means that the spouses have irreconcilable differences that have led to the breakdown of the marriage. To file for a no-fault divorce, the couple must have been living separately for at least six months. Fault Grounds Although less common, Illinois law also allows for fault-based...Read More - High-Asset Divorce: Navigating Property Division and Spousal Support in Illinois
May 15, 2024
Divorce Inventory All Assets The first step in any high-asset divorce is to create a comprehensive inventory of all assets. This includes both tangible and intangible assets, such as: Real estate properties Investment portfolios Business interests Retirement accounts Intellectual property Luxury items (e.g., cars, boats, jewelry, artwork) Accurately valuing these assets is essential to ensure a fair division. It's advisable to work with financial professionals, appraisers, and accountants to determine the true value of each...Read More