Divorce

Spousal maintenance is financial support that one spouse may be required to pay to the other during a divorce or following a legal separation. In 2015, the Illinois Marriage and Dissolution of Marriage Act added a clause that laid out a specific equation for...

Illinois is an equitable distribution state. This term is a part of divorce law where the court determines the distribution of assets based on equity; however, this doesn't necessarily mean that all assets acquired during the marriage are divided equally between the...

It really doesn't matter when you decide to file for divorce. The process will be stressful and disruptive for your family. Divorces later in life after many years of marriage and possibly raising a child together have become more common in recent years. Such gray...

Financial abuse is a serious issue and can cause significant stress and hardship for those affected. Economic or financial abuse refers to any behavior used by an abuser to control someone's access to money, banking accounts, and other forms of economic or financial...

Divorce is stressful enough without considering how it may impact your business. If you are the sole proprietor of your business, the reality is that your divorce can directly impact the business itself. For example, if you have to sell assets to pay for alimony or...

Ever since you decided that you wanted to get divorced, all you have been able to think about is how quickly it can happen. You want to put this behind you and get through the process so that you can move on with your life. However, you may have never done this...

Gray divorce, the rising phenomenon of long-time married couples divorcing after the age of 50, is increasing year after year. According to the US Census Bureau, gray divorces made up the highest percentage of ever-divorced adults. These divorces, also sometimes...

Prenuptial agreements are a way for couples to lay out the terms of their divorce before they get married. It's most often used for couples who have significant assets, like money and property, that one or both partners want to protect from being divided up in the...

In a high-asset divorce, where one or both parties have a large amount of money and assets, it's crucial to be honest about your situation. Staying silent or hiding assets could lead to serious consequences such as criminal charges, significant fines, and even jail...

Spousal support payments are court-ordered payments that one spouse makes to the other to help the receiving spouse maintain his or her standard of living until the end of their marriage. In some cases, these payments may be modified or terminated at some point during...