Going through a divorce can sometimes feel like a puzzle; there are a million pieces and they have to fit together just so. One of those pieces that can often be overlooked is life insurance. Between custody, maintenance (alimony), and the emotional landmines of divorce, life insurance is often the last thing divorcing couples want to think about. However, if you are getting a divorce, then life insurance may be necessary to protect your and your children’s financial interests. Another way to ... Read more ...
Posts Categorized: Divorce Lawyer
Must My Ex Sign Papers For Illinois Divorce To Be Final?
Divorce is typically less contentious and difficult when both parties agree to end the marriage. But sometimes, one party will not want to end the marriage, so it is understandable to wonder ‘What now?’ This article explains the path forward if one spouse does not want to sign the divorce papers. If you have questions, our divorce lawyers in Chicago can help you today. What Is A Contested Divorce In Illinois? A contested divorce means that the spouses do not agree on the outcome of their div... Read more ...
What To Consider When Getting a Divorce Near Retirement Age
Getting a divorce close to retirement is often significantly different from getting one when you have your whole career ahead of you. You will probably have to deal with some unique situations, so please do not use this article as legal advice. You should involve an attorney and probably also an accountant or financial planner, when making these decisions. That said, there is some good news: Divorcing near retirement often means less complexity surrounding your children. However, there is... Read more ...
Entering Into a Divorce Settlement Agreement
When you think of divorce, you might picture a hostile, bitter court battle that involves endless hearings, constant fighting and protracted litigation. While this may be true for some, many other divorcing couples are able to move through the process more smoothly through compromise. Fortunately, the Illinois Marriage and Dissolution of Marriage Act does allow – and even encourages – parties to come to an agreement on the primary issues in a divorce case. In doing so, you experience numerou... Read more ...
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 ...
Am I Entitled To My Spouse’s Pension If We Divorce?
After a divorce in Illinois, one spouse could receive alimony from the other, also known as spousal maintenance or support. But what about pensions? Are you entitled to the other party’s pension after divorce? Learn about this topic in this article, and talk to our divorce lawyer in Chicago Michael C. Craven if you need help with divorce issues. Illinois Is An Equitable Division State Illinois has an equitable division rule for divorces, meaning the judge will divide the couple’s property ba... Read more ...
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Recent Posts
- Handling International Child Custody Disputes In Illinois
- Protecting Your Wealth During a High-Asset Divorce In Illinois
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