You painstakingly crafted your child support agreements to make sure your children had the resources they need to thrive. Ideally, this should create a balance between your household and your spouse’s – at least when it comes to the kids. However, we all know life is full of changes and unexpected events. When these things occur, what happens to your child support? Are You Entitled to a Modification? If something major has changed, you may ask the court to change the amount you pay o... Read more ...
Posts By: MICHAEL C CRAVEN
What Happens to the Family Home in a Divorce?
In many ways, family homes are treated like other assets during divorce. Assuming you purchased your home after you got married, then it would probably be marital property in its entirety, meaning a judge would equitably split the equity between you and your spouse. However, you probably have a greater emotional connection to your home then to your bank account or retirement plan. There could also be some other concerns involved, such as previous work you had done on your house, where your child... Read more ...
How To Uncover Hidden Assets in Your Divorce
During a divorce, there are many ways you could find assets your spouse might be hiding. All methods fall into a few categories to investigate either independently – or get the court involved. Your divorce may have you following a variety of strategies. Please keep in mind, this is only a general discussion, not specific legal advice. Gathering Evidence Independently You should start as soon as possible when you are looking for assets independent of a court order. If you do not know exactl... Read more ...
Midyear is a Good Time to Assess Your Marketing Efforts
Published in the Tuesday July 18, 2019 edition of the Chicago Daily Law Bulletin Time flies when running a business. Major milestones tend to sneak up on you. While I hate to be the bearer of bad news for those who have been caught up in everyday work this past winter and spring, I must share a sobering piece of information: It is already time for midyear reviews. But, there is some good news: You should find the general information in this article even more useful if this ... Read more ...
Requesting Child Support as a Father
Fathers seeking child support during a divorce generally have the same rights as mothers would. Generally, Illinois laws on child support are gender neutral. In addition, the law in Illinois mandates that the incomes of both parents be considered when setting child support. It could also be useful to know that many laws involving child support, and many other aspects of divorce law, changed recently in Illinois — and they continue to do so. When making decisions, it is always important ... Read more ...
What To Consider When Telling Your Kids About Divorce
At first, children often struggle to grasp the basic concepts behind divorce. This can make talking about the divorce a frustrating process for everybody involved. Hopefully, these insights will be able to help you increase your chances of having successful conversations. I believe that, with the right strategy, you can help your children move forward through this challenging process. Before you read on, you should know that what you tell your children could have an influence on the outco... Read more ...
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