No one needs to tell you that divorce is emotional, complicated and possibly the most difficult thing you will ever go through. Occasionally it will feel like the process will never be over. The good news is there are only four main issues that are imperative to...
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3 facts about property valuation in divorce
When spouses divorce, they must decide how to split their property. Often, couples do not agree on the value of their belongings and depend on the courts to divide these assets. To determine equal share, courts require the valuation of all marital property. 1....
FAQ about parental responsibilities after divorce
Making custodial arrangements for a couples’ children is an integral part of divorce negotiations. Recent changes in Illinois’ Marriage and Dissolution of Marriage Act have redefined child custody. This updated law no longer uses the phrase “custody” of children. The...
Expenses and equitable division in high asset divorces
Divorces that involve more than a million dollars in assets are often referred to as high asset or high net worth divorces. Dismantling a high asset marriage is like dismantling a Fortune 500 company: It tends to be complex and expensive and can take a long time....
3 things that you should know about marital property in Illinois
Getting a divorce does not necessarily require married couples to divide everything that they own right down the middle. The only property that couples need to divide when they get a divorce in Illinois is marital property. Property that people own separately...
How parental alienation syndrome impacts visitation and custody
Parental alienation syndrome is a psychological condition that could occur if your former spouse attempts to turn your child against you. Illinois family law courts are gradually recognizing how detrimental this is to children. If you prove that parental alienation is...
3 guidelines for a productive high-asset divorce
If you have plans to file for divorce, you want to make sure you maintain your quality of life after reaching a settlement. You may also have concerns about how the process will impact your worth. When your divorce involves closely held business assets, real estate...