Tag Archives: divorce

Divorce can be complicated, especially when you are dealing with a high net worth and a spouse who has attempted to hide assets. Though it is difficult to keep financial secrets from your spouse these days, it does not stop … Continue reading

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Everyone who is a pet owner knows that their pet is part of the family, and to some people, their pets are even like children. For the longest time, pets were considered property in an Illinois divorce, and the spouse … Continue reading

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The American Dream is the belief that anyone can achieve success if they work hard enough. For many people, their own American Dream is realized through business ownership. In 2010, there were reported to be around 27.9 million small business … Continue reading

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When considering marital assets that get divided during a divorce, most people think of houses, cars, bank accounts, and retirement accounts. However, there are actually many more assets that divorcing couples may have to figure out how to divide. Sometimes, … Continue reading

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Collaborative divorce has been around since the 1980s, and it has been practiced in Illinois since 2002. The Collaborative Process Act went into effect at the beginning of 2018, officially recognizing collaborative divorce as an option to couples who want … Continue reading

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When married couples decide to get divorced, one spouse may be at a disadvantage, and the adjustment to living on a single income can result in difficulty making ends meet. However, according to Illinois law, when one spouse earns a … Continue reading

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Alcohol and drug abuse are issues that affect millions of people across the United States, and substance abuse is often a factor in the breakdown of a marriage. Studies have shown that there are nearly 25 million people in the … Continue reading

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Wedding vows are easy to say when the day is beautiful and everything goes according to plan. When people make the statement “I promise, in sickness and in health,” they usually envision a common cold, in which their significant other … Continue reading

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Typically, when spouses decide to enter into a prenuptial (before marriage) or postnuptial (after marriage) agreement, the question is not whether an agreement is necessary or useful, but whether the agreement is drafted with your best interests in mind. A … Continue reading

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For many couples, dividing assets after a divorce is one of the most troublesome aspects of a separation. Matters such as retirement accounts, property division, and hidden assets can all arise as spouses begin to address and uncover the financial … Continue reading

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