The holiday seasons are approaching, and you and your spouse are talking about divorce. Do you put on a happy face for family gatherings or announce the news in person while everyone is in one spot? Here are a few considerations to keep in mind if you’re thinking of making your divorce announcement over the holidays. […]
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Parents in Illinois might worry about how divorce will affect their children. While a family separation can be challenging, it is possible to build a child’s resilience and help them through the process. The first step for parents is to try to maintain as much consistency as possible with the children. The changes from divorce […]
The unfortunate truth is that most Illinois couples are at risk for eventually separating. In partnerships where certain personality traits are strong, however, the risk for divorce is a lot higher. According to some psychologists, therapists, divorce lawyers and other experts with experience in divorces, there are seven specific personality characteristics that can increase the […]
Illinois residents can face challenges during divorce whether they are younger and have children or are just a few years away from retirement. For individuals who are age 50 and over, the divorce rate has doubled since 1990 according to data from the Pew Research Center. This is despite the fact that divorce rates have […]
You and your spouse decide to divorce, but you worry about how a judge will split your assets. Even before you married your spouse, you began a career that established a successful future pension plan. Now that you and your spouse wish to separate, you are concerned about the division of the pension agreement. Illinois […]
Your divorce has finally been finalized. A difficult, emotional chapter of your life has just ended, and a new future is waiting for you and your child. Be careful when making plans, though. Unless you’ve been awarded sole legal and physical custody, there is a good chance that moving out of Illinois with your child […]
Parents in Illinois and elsewhere may ask for sole physical custody of their children after a divorce. This means that the child will live with one parent more than half of the time. One of the benefits of this arrangement is that it minimizes the potential interruption to a child’s life. As a general rule, […]
Illinois couples who are getting a divorce may be concerned about the state of their financial affairs. However, they can begin to take control of their lives by being proactive and getting a handle on their liabilities, income, expenses and assets. The different types of financial assets individuals can have may include checking accounts, certificates […]
When people decide to divorce later in life, they may have particular concerns about their financial future. One of the most significant aspects of “gray divorce” can be the distribution of retirement funds. These distributions are increasingly common, especially as the divorce rate for people over 50 has more than doubled over the past two […]
Millennials are breaking the mold in several ways from former generations, so it’s not a surprise that more millennials are marrying a partner later in life. However, with later marriages comes the rise of prenuptial agreements, a legal document that outlines how a couple will divide their assets in a divorce. A recent survey noted […]