There may be advantages for some people in Illinois in engaging a divorce financial specialist during the divorce process along with other legal and financial professionals. Divorce can have a significant effect on a person's finances over the long term, and people...
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Divorce
The unique issues in a divorce after 50
On Behalf of Monika Blacha | Nov 11, 2019 | Divorce
The issues that you will face in your divorce will largely depend on the life stage you are in. Those with dependent children are often most concerned with child custody agreements. However, those who do not have children and those with adult children are more...
Homes aren’t always worth keeping in a divorce
On Behalf of Monika Blacha | Nov 11, 2019 | 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...
Divorcing business owners may have unique concerns
On Behalf of Monika Blacha | Oct 28, 2019 | Divorce
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...
Prenuptial agreements for entrepreneurs
On Behalf of Monika Blacha | Oct 18, 2019 | Divorce
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...
Choosing to sell or keep the family home in a divorce
On Behalf of Monika Blacha | Oct 15, 2019 | Divorce
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...
The best way to weather a gray divorce is through teamwork
On Behalf of Monika Blacha | Oct 10, 2019 | Divorce
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...
Some personality types make divorce more likely
On Behalf of Monika Blacha | Oct 8, 2019 | Divorce
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...
Steps to get past a divorce
On Behalf of Monika Blacha | Sep 30, 2019 | Divorce
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...
Researchers study relationship between divorce and finances
On Behalf of Monika Blacha | Sep 24, 2019 | Divorce
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...
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