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....
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Role of a forensic accountant in a high-asset divorce
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...
Strategies for effective co-parenting amid a high-asset divorce
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...
Red flags that your spouse may be hiding assets
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...
What is an uncontested divorce?
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...
When to request a child custody modification
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...
What is parental alienation syndrome?
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...
4 ways to protect your retirement accounts during a divorce
Divorce is a complex process, but it can be especially challenging if you are nearing retirement or face a high-asset divorce. In these cases, your retirement accounts could be in jeopardy, and you could face hefty fines and taxes if you liquidate part or all of these...
Understanding how courts in Illinois determine spousal support
There tend to be a lot of misconceptions about how much spousal support divorcing spouses may receive. In Illinois, a person’s eligibility for support and the amount of support can depend on several key factors and formulaic standards. Here are some of the most...
4 Myths about divorce
Various myths surrounding divorce concern a lot of people considering this step. These can make people worried that they will lose their assets, children and more. Here are the truths about these myths to help set the record straight. 1. Only women get spousal support...