Divorce

Illinois couples who decide to end their marriages may have many questions to answer as they settle their divorces. One of those questions may be what to do with the house that they shared while they were together. Usually, divorcing couples will choose to either sell...

Divorce can carry serious financial consequences that persist long after the emotional issues have been settled. For business owners, this can be especially challenging. When owners of a closely held businesses divorce, they could wind up selling the business or...

A 2016 survey of matrimonial attorneys in Illinois and around the country revealed that prenuptial agreements are becoming far more common. These agreements are often created when wealthy individuals are planning to marry and wish to protect their assets, but they are...

Divorcing spouses in Illinois and around the country often find it difficult to decide how to deal with the marital home. The family residence is usually the most valuable marital asset, but it can be hard for spouses to put their emotional attachments aside and...

If you and your spouse are in your middle years or beyond and facing divorce, you also face some unique financial challenges.During your divorce, division of assets, tax considerations and the cost of living on your own rather than as one-half of a couple are matters...

There are many reasons why people in Illinois may decide to divorce, but scientists point to certain personality types as more commonly linked to the end of a marriage. If people do not take care to curb problematic behaviors and interactions, they may run into...

Divorce can be a traumatic experience for Illinois residents, and it could lead to problems such as alcoholism or depression. However, there are steps that a person can take to make the end of a marriage easier to process. For instance, it is generally a good idea to...

According to a new research study, the link between financial hardships and divorce is mitigated when couples in Illinois start their marriages with high-to-moderate satisfaction with their relationships. People who felt dissatisfied in the early years of their...

Planning a divorce in Illinois requires an exhaustive analysis of marital assets and future finances. Former spouses must identify all assets and debts and wrangle with calculations for child support and sometimes spousal support. Both parties must figure out what...

When some Illinois couples divorce, their once-loving relationship can quickly turn into one of distrust and competition. This can be particularly true when there is a major financial disparity in the relationship along with a significant amount of anger. When only...