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...
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Divorce
Financial abuse as grounds for divorce in Illinois: what you need to know
On Behalf of Monika Blacha | Dec 22, 2022 | Divorce
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...
Can my divorce affect my business?
On Behalf of Monika Blacha | Nov 18, 2022 | Divorce
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...
What is a general divorce timeline?
On Behalf of Monika Blacha | Nov 15, 2022 | Divorce
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...
Why are gray divorces on the rise?
On Behalf of Monika Blacha | Nov 11, 2022 | Divorce
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...
Prenups and high-asset divorce
On Behalf of Monika Blacha | Oct 27, 2022 | Divorce
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...
Don’t be tempted to hide money in a high-asset divorce
On Behalf of Monika Blacha | Oct 18, 2022 | Divorce
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 in Illinois: How to terminate or modify your payments
On Behalf of Monika Blacha | Oct 10, 2022 | Divorce
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...
How to qualify and apply for temporary spousal support during divorce
On Behalf of Monika Blacha | Oct 9, 2022 | Divorce
During a divorce, the ideal scenario involves both partners coming to an agreement on how to proceed in a way that is satisfactory to both parties. But if you and your spouse can't reach a mutual agreement, it's up to the court to decide how to divide your assets and...
Divorce or bankruptcy: Which do you file first?
On Behalf of Monika Blacha | Sep 19, 2022 | Divorce
It’s devastating to realize that your marriage is over – but it can be equally devastating to realize that your finances have somehow gotten into a real mess over the last few years. (Indeed, your financial issues may be part of the reason for the divorce, especially...
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