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In Illinois, the division of assets during a divorce follows the principle of equitable distribution. This means that the court divides most marital property in a way that it deems fair, though not always equal. However, when it comes to inherited wealth and assets,...
Divorce can affect the financial situation of stay-at-home parents in Illinois. These impacts can be long-lasting and challenging to navigate. Stay-at-home parents can prepare for their future by understanding these financial changes that come with divorce. 1. Loss of...
Filing for divorce is a significant decision, and it's often surrounded by confusion and misconceptions, especially regarding the laws and procedures in specific states like Illinois. Understanding the truths behind these misconceptions can help individuals navigate...
Surgeons in Illinois face the potential risk of asset division during divorce proceedings. Of course, protecting their hard-earned assets is a priority for many of these professionals. There are several strategies they can use to safeguard their financial interests....
When divorces involve substantial assets, forensic accountants play a key role. Their expertise goes beyond number crunching. They serve as financial detectives. They meticulously examine financial records to ensure a fair and equitable division of assets. Unearthing...
Divorce, especially in high-asset situations, can be complex and emotionally charged. Amid the financial intricacies, it is important for divorcing parents to prioritize the well-being of their children. Effective co-parenting helps ensure stability for the children...
When dividing assets in a divorce, transparency can help you reach an equitable resolution. Unfortunately, some individuals resort to unethical practices, attempting to conceal property and wealth during divorce proceedings. Hidden assets can throw a wrench into the...
When you make the decision to divorce, it can begin a stressful process. But it does not have to be this way. It is possible for you to get through a divorce with minimal stress and disruption of your life. The key is being willing to work together to end the marriage...
The court establishes child custody arrangements during divorce proceedings or custody battles, but circumstances can change over time. That is why it is important to know when to request a child custody modification. This article will explore the situations in which...
When married or divorced couples are not on good terms, hostility can manifest in a number of unhealthy ways. One of these is parental alienation syndrome, a pattern of behavior that can also affect your child's well-being. Parental alienation refers to one parent...