One of the most important things for children who have parents going through a divorce is to ensure that they have a solid foundation. By showing them that you’re a parenting team when the split happens, you’re helping them to feel more secure. There are many ways...
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Divorce
Terminating or modifying spousal support in Illinois
On Behalf of Monika Blacha | Feb 17, 2023 | Divorce
The goal of providing spousal support or alimony to a spouse following a divorce is to allow that party to achieve financial independence. It is not unusual for circumstances to occur that change the financial landscape for one or both parties. If you have experienced...
Who gets to keep the house during a divorce?
On Behalf of Monika Blacha | Feb 17, 2023 | Divorce
In many cases, divorcing couples will agree on who continues living in the marital home. But sometimes, when there is no consensus, the court will step in and make the decision. Illinois is an equitable distribution state, which means that a judge will make a decision...
The exemption of high-asset divorce in the Illinois Marriage and Dissolution of Marriage Act
On Behalf of Monika Blacha | Jan 20, 2023 | 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...
What happens to my inheritance if I get a divorce?
On Behalf of Monika Blacha | Jan 19, 2023 | Divorce
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...
3 challenges you need to prepare for when seeking a gray divorce
On Behalf of Monika Blacha | Jan 8, 2023 | Divorce
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 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...
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