Divorce can be a challenging time, and understanding property division is crucial. In Chicago, governed by Illinois law, the division of marital property follows specific rules. Here are five key facts to help you understand how it works. Equitable distribution basics...
What to do with the family home is one of the top questions divorcing spouses have. You and your soon-to-be ex-spouse may be looking for an option that works for your case and one that generally can benefit your divorce experience. Here are three options to consider:...
One of the most significant aspects of your finances is your retirement savings. Unfortunately, your investment in your future can also become vulnerable during the divorce process. What can you do to protect this savings and support your long-term financial health?...
The average cost of divorce in the U.S. is between $15,000 and $20,000. Nonetheless, drawn-out divorce proceedings can stretch to much more than that. Divorce can be stressful, so the last thing you want to deal with is mounting expenses. Fortunately, there are ways...
As the new school year begins, families everywhere experience a shift in their daily rhythms. For divorced co-parents sharing custody of their children, this transition can be particularly challenging. Even when a detailed parenting plan is in place, the start of...
Your spouse has filed for divorce, and you know that it’s going to change your living situation. Maybe the two of you bought the house together after you got married. You assume that you’re now going to have to sell that house, split up the money that you earn and...
Delivering divorce documents to your spouse can be difficult, especially if you expect them to be uncooperative. There are several reasons why a spouse may refuse to sign divorce papers. They may strongly oppose getting a divorce and be reluctant to end the marriage. ...
If you and your spouse had children and you were getting divorced, you would have to divide custody rights. This includes the decision-making power that parents have over their children, when making choices about things like medical care or where they will attend...
Divorce can be a very traumatizing experience. A relationship that may have given someone a sense of purpose and stability could end rather abruptly and via a process fraught with conflict. Many people have a hard time coping with the emotional consequences of an...
Divorce impacts families in numerous ways. Firstly, it’s a highly emotional event that couples may not have anticipated. On top of that, there are several financial aspects to consider. Not only may both spouses be worried about receiving a fair divorce settlement,...