Learning How to Co-Parent Effectively After a Divorce
When a couple with children divorces, generally, the court imposes a parenting time agreement to ensure that the couple’s children continue to maintain substantive relationships with both parents. Maintaining healthy relationships with both parents after a divorce is important to children’s development and self-esteem. As a parent with a parenting agreement in place, it is up to you to work with your former partner to ensure that your child has this experience, rather than developing... Read more ...
Four Things you Should Not Do While your Divorce is Pending
When you are going through a divorce, you have multiple responsibilities. These responsibilities include submitting the required paperwork to the court and your attorney about your finances, working with the court and your former partner to work out an effective, appropriate parenting plan, and following the court’s orders with regard to your appearance in court, paying your former partner spousal maintenance, if applicable, and its orders regarding child support and parenting time. ... Read more ...
What is the Difference Between Parenting Time and Parental Responsibilities?
On January 1, 2016, the language contained within the Illinois Marriage and Dissolution of Marriage Act was altered to be less restrictive and remove the notion that a parent can somehow “win” or “lose” a custody order. Now, the terms used are “parenting time” and “parental responsibilities.” But what do these terms mean? How are they different from the older terms of legal custody, physical custody, and visitation? It is important to understand what these terms mean for you and ... Read more ...
Factors to Consider as a Parent Seeking Child Custody
A lot goes into determining the right parenting time schedule for a child when his or her parents’ divorce. The goal of creating a parenting time arrangement is to meet all of the child’s needs: physical, emotional, academic, and social. The court also recognizes the importance that a child spend time with both of his or her parents when making this decision. However, how much time a child spends with each parent is determined by examining a specific set of factors (See 750 ILCS 5/602.7(... Read more ...
How to Answer Kids’ Questions About Divorce
When a couple with children decides to divorce, one of the most stressful parts of the divorce planning process is telling their children. To a child, a divorce means a breakup of his or her family, often the only way of life he or she has ever known. But if you are a parent who has begun the divorce process, you need to discuss your divorce with your children. The level of detail they receive depends on their ages and maturity levels, but this is not an issue to hide or attempt to brush off. P... Read more ...
Tax Issues in a High Net Worth Divorce
In any divorce, the division of the couple’s assets and property is a key part of the dissolution of the marriage. When dividing assets, their tax implications should be considered as a key element of the settlement. Tax implications need to be considered before entering the property division portion of the divorce process. This is because if the property and assets are not divided taking each piece’s tax benefits and burdens into consideration, one spouse can... Read more ...
