During a divorce, your financial future could depend on how you divide assets between you and your spouse. Keep in mind, this is not legal advice. However, dividing assets could affect your upcoming taxes and further effect your retirement accounts as they mature. You might even find your divorce could influence future generations. Here is a brief discussion of three phases of your financial future and the strategies you might take to secure them. Preparing for the Upcoming Tax Year One o... Read more ...
Posts Categorized: Divorce Lawyer
Am I Required to Provide Life Insurance?
Most couples going through divorce in Illinois realize they need to address asset division, spousal support, and issues regarding minor children. Not many understand the role life insurance plays as part of this process. It may seem strange that a court would require one or both parties to maintain or purchase a life insurance policy, but many judges will order it as part of a final divorce decree – or even while a case is still proceeding. Once you learn the reasons behind such an arrangement... Read more ...
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Recent Posts
- Can A Spouse Be Forced To Sell Their Share Of A Business In An Illinois Divorce?
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- Protecting Your Medical Practice During Divorce Proceedings In Illinois
- Enforcing Out-Of-State Custody Orders In Illinois (UCCJEA)
- The Role Of The Financial Affidavit In Illinois Divorce Proceedings
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