Posted on March 26,2021 in Divorce Finances

The long-term financial effects of divorce can be expensive. If both spouses work, you will need to learn how to survive on just a single income. That one income has to cover utilities, food, and other expenses, as well as fund savings and retirement investments. However, planning ahead can help. If you are considering a divorce, financial advisors suggest taking the following steps so you are on firmer financial ground if and when you decide to file.

Know Your Current Financial Situation

To begin, it is important to know your current financial standing. First, acquire all copies of any bank accounts and investment statements for the past year. You should also make copies of any income tax returns filed for the past several years. Request your credit report so you can see exactly what debts you owe.

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 Posted on March 24,2021 in Child Custody

As a parent, after you get divorced, it can be difficult to adjust to spending less time with your kids. You will want to do everything you can to prevent the possibility that you will be required to limit your parenting time further, including addressing situations where your ex plans to move to a new location that is farther away from your home. In cases involving parental relocation, you should be sure to understand your rights and how these matters are addressed in court.

Parental Relocation Under Illinois Law

Divorced parents who live in DuPage County and other counties in the greater Chicago area will need to meet certain requirements if they are planning to move to a new home that is at least 25 miles away from their current home. If a parent who has the majority of the parenting time with their child, or who shares equal parenting time with their former partner, will be relocating, they are required to notify the other parent at least 60 days before the date of the planned move, or at the earliest possible date if they make relocation plans within 60 days of moving.

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 Posted on March 22,2021 in Divorce Trends

Many people grow up hearing from family members, teachers, and others that they need a college education in order to have a career, earn a good living, and provide for their future. However, according to a recent study, a college education may also mean a better chance of having a successful marriage—especially for women.

Marriage and Divorce Statistics for College-Educated Couples

Approximately half of first-time marriages in the United States last for about 20 years. A study conducted by the National Center for Health Statistics found that women who have a college degree have an 80 percent chance of staying married beyond that 20-year mark. The researchers used data collected through surveys and interviews to predict the probability of marriage success, much in the same way that researchers use data to predict life expectancy statistics. The data included men and women who were between the ages of 15 to 44 during the years 2006 through 2010.

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 Posted on March 16,2021 in Divorce Mediation

When a couple is pursuing a divorce, two sets of lawyers are often used to address the legal issues that must be resolved. Each lawyer will represent their client’s best interests when negotiating a divorce settlement or resolving issues in court. Divorces can be lengthy and expensive, but if a couple can work together to resolve their outstanding legal issues, the process can be made easier and simpler. In these cases, divorcing spouses may want to consider divorce mediation.

What Is Mediation?

During mediation, a third-party mediator works together with the spouses to resolve legal disputes. In regards to divorce, a mediator can help couples end their marriage on their own terms. Couples will discuss the various aspects of their divorce with the mediator present, working to reach a decision regarding issues such as property division, parenting considerations, and spousal maintenance. If they are able to reach an agreement, their divorce settlement will be sent to the court for final approval.

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 Posted on March 15,2021 in Divorce

Before a divorce, it is a good idea to review and completely understand the entire divorce process, including the ways in which law enforcement could help to protect you should any rules, guidelines, or orders associated with the divorce decree eventually be violated. If that were the case, here are some ways law enforcement, with the help of your lawyer, can assist you to ensure a smooth divorce transition.

3 Ways the Sheriff’s Office or the Police Might Assist with Family Law

1. Serving the Petition for Divorce—While it is true that your divorce lawyer will do all the preparation for your divorce petition if you are the one filing the petition, someone must deliver it to the other spouse. This cannot be done by just any person; oftentimes, it must be someone who is court-appointed. In many cases, this can be the sheriff from the DuPage County Sheriff’s Office Civil Division.

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 Posted on March 09,2021 in Marital Property

During the process of divorce, you are likely to experience many changes to your life. With all of the uncertainty that abounds, it is not uncommon for people in the midst of a divorce to try to maintain a level of security and stability by continuing to live in their marital home, even after their divorce is finalized. Staying in the family home, however, is not always quite so simple.

Crucial Considerations Regarding the Family Home

The family home is usually included in the division of marital property, so the question of which spouse, if either, will retain possession of the home will need to be legally resolved. If you are deciding whether you should pursue possession of the home, there are a number of important questions to consider, including:

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 Posted on March 05,2021 in Reasons for Divorce

When things are going well in your relationship with your spouse, it is almost impossible to consider that he or she would ever hurt you, let alone be unfaithful. In all honesty, instances of cheating are not often the result of one spouse trying to hurt their partner. Instead, infidelity is usually a manifestation of deep, serious relationship issues, such as poor communication, overall discontent, and feelings of loneliness. An episode of infidelity, however, could be the proverbial last straw that prompts the offended partner to file a petition for divorce, sometimes with the expectation that the unfaithfulness will afford the filer additional benefits during the process of divorce.

Legal Considerations Regarding Infidelity in Divorce

If your spouse has cheated on you, it is entirely understandable for you to feel angry and betrayed and to hope to hold your spouse responsible for his or her hurtful choices, especially if you feel that his or her actions are responsible for destroying your marriage. However, unless you have a valid prenuptial agreement or postnuptial agreement that includes an unfaithfulness clause, you will probably not receive any extra considerations under Illinois law.

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 Posted on March 02,2021 in Cohabitation

For generations, the majority of young men and women had the goal of meeting someone, getting married, and raising a family. However, statistics reveal that for many, that goal has changed a bit. Many people today are choosing not to get married, but this choice is not necessarily keeping them from trying to build a life with that “special someone.” But, what happens when a live-in romantic relationship starts to fall apart? A qualified family lawyer can help you come up with some ways to protect yourself.

Cohabitation Statistics in the U.S.

A study conducted by the Pew Research Center revealed that among American adults between the ages of 18 and 44, a larger share (59 percent) have moved in with a romantic partner at some point in their lives than have been married (50 percent). More than a third of adults (35 percent) have been in both types of relationships.

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 Posted on February 26,2021 in Prenuptial Agreement in Illinois

When it comes to prenuptial agreements, the general opinion often seems to stem from the negative stigma that anyone who pursues such an agreement must not have much faith or trust in their future spouse. Although this may actually be the case for some individuals, in most cases, this stereotype could not be farther from the truth. In fact, prenuptial agreements can help lay the groundwork for long-lasting and fulfilling marital relationships.

Prenuptial Agreements in Today’s World

Prenuptial agreements are extremely popular nowadays, for multiple reasons. Their popularity is not merely a reflection of the state of marriages in today’s society; they also offer practical advantages that benefit both partners equally. Broaching the topic with your future spouse can feel uncomfortable at first, but if you share a mutual interest in pursuing a prenuptial agreement, it can prove to be a valuable, effective tool as you enter your marriage.

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 Posted on February 23,2021 in Division of Assets

A number of recent studies, including a survey by the National Endowment for Financial Education, found that 40 percent of American adults have been deceptive about money with their spouse, and about 75 percent admit that financial deceit has affected their relationships. Considering these statistics, it is not surprising that one of the most contentious issues in a divorce is the division of assets. It is not uncommon for one spouse to try to hide assets from the other in order to avoid having to share them in the divorce.

Finding Hidden Assets

When couples are dissolving their marriage, they are required to provide financial affidavits to the court which reveal any assets they have. Although providing false information to the court is illegal, many spouses would rather take their chances and lie about their assets so they do not have to share them with their soon-to-be ex-spouse.

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