Posts By: MICHAEL C CRAVEN

Pros of Postnuptial Agreements

postnuptial

Postnuptial agreements, also known as postnups, aid couples seeking to protect their assets and clarify financial expectations in the event of divorce or separation. In Illinois, these legal contracts are recognized and enforceable, providing couples with valuable tools to safeguard their interests. They can be useful to couples who have a stable marriage as well as those at a higher risk of divorce. This article will explore the pros of postnuptial agreements in Illinois, highlighting the benef...   Read more ...  

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Signs To Watch For In Your Children After A Divorce

divorce

Divorce is a significant event that can profoundly affect children. While adults grapple with the legal and emotional aspects of this change, children often experience a unique set of emotional and psychological challenges. The dissolution of a marriage can disrupt a child’s sense of stability and security, leading to a variety of emotional and behavioral responses. Parents must understand and recognize these potential changes in their children to effectively support them through this tran...   Read more ...  

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How Does Relocation Work If You Have Joint Custody In Illinois?

child custody

Navigating joint custody in Illinois is complex and nuanced, especially when it involves the sensitive matter of relocation. In Illinois, the decision to move to a new location with a child is not merely a personal choice but a significant legal one. The challenge becomes even more pronounced when both parents share custody of the child, and one parent decides to relocate. In Illinois, the legal system places paramount importance on the welfare and best interests of the child in custody matters....   Read more ...  

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Is Illinois A Community Property State?

community property

As you prepare for your divorce, it is vital to have a thorough understanding of the laws and regulations governing the process in Illinois. One of these critical areas to understand is how property is divided in an Illinois divorce. Below, learn about property division laws and rules in Illinois, and then speak to our Chicago property division lawyer if you have follow-up questions. Attorney Michael C. Craven is an experienced, fierce advocate for his clients, and he will fight for a proper set...   Read more ...  

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What Are 5 Things That Cannot Be Included In A Prenuptial Agreement?

A prenuptial agreement is a critical legal tool in Illinois that can protect your property in case you divorce. A prenup can also be used to address other common problem areas in a divorce, including alimony, the rights of the surviving spouse if the other passes away, and more. However, certain things cannot be put in a prenuptial agreement, which are described below. If you want to consider a prenup, speak to our experienced prenuptial agreement lawyer in Chicago, Michael C. Craven. Attorney C...   Read more ...  

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What Makes A Prenuptial Agreement Invalid?

prenuptial agreement

A prenuptial agreement is a contract that spouses enter into before marriage to establish the terms of a divorce, separation, or disposition of property upon death. Although many people believe a prenuptial agreement should be considered if a person has significant assets before marriage and wants to protect them if there is a divorce, there are many reasons one may want a prenuptial agreement even in cases where the present assets are not large.   While a prenup can protect your finances a...   Read more ...  

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