Estate administration is a major responsibility. Those who agree to oversee probate proceedings have to communicate with multiple parties, follow the law and abide by the instructions provided by the decedents. Sometimes, personal representatives have to deal with an...
When people divorce, they have to strategically separate their finances and property from one another. Some people have prenuptial agreements in place already, which means that there is already an effective plan for the division of their property. Most couples do not...
You’ve probably seen posts on Instagram of famous ex-spouses vacationing together with their children and even their new spouses and children as one big, happy blended family. It’s easy to dismiss this as an unrealistic goal or something only possible if you’re among...
Divorce statutes are different in every jurisdiction. For couples to qualify for an Illinois divorce, at least one of the spouses must have lived in the state for a minimum of 90 days prior to filing. In cases involving minor children, the party filing for divorce...
Families preparing for divorce and shared custody often need to explore creative solutions for meeting the needs of their children. Some parents may decide that a birdnesting custody arrangement is a viable solution. In traditional shared custody arrangements, the...
Living with someone for years while married can give people insight into their true personality. Someone who seems charming and kind to others may be quite abrasive and unpleasant behind closed doors. Some people recognize after years of marriage that their spouse is...
Divorcing couples usually disagree about the details of their divorces. Unless they have already signed clear marital agreements, each spouse may have vastly different expectations for the divorce process. Those expectations can lead to significant conflict and may...
One of the significant assets that a couple may need to address during divorce is their investment portfolio. The outcome of dividing these investments can have a profound impact on each spouse’s financial future. What should you know when approaching the division of...
There are a variety of different ways for people to approach divorce. Many couples have intense negative feelings about one another and may let those emotions dictate how they handle the end of their marriage. They may look at litigation as a way to punish their ex or...
Older adults navigating a gray divorce often focus on the financial complications of ending a marriage. They worry about preserving retirement savings, protecting their home and keeping their costs as low as possible. What they may overlook is the need to make certain...