The end of marriage is hard on most Illinois couples. Divorce exerts tremendous pressure on everyone involved. It means that a once-loving marriage is ending, and there are now sudden financial considerations, such as child support, spousal support and property division, all of which require focused and careful decisions. Beyond these costs are additional expenses, such as hiring an attorney and perhaps, forensic accountants and financial advisers, if considerable assets are involved.
Illinois law usually provides a divorced spouse a sum of money, most often paid monthly and usually identified as alimony, maintenance or spousal support. Typically, alimony is paid after a separation or a divorce and continues to be paid until the receiving spouse remarries or until the death of either spouse.
Divorce, being the end of an intimate relationship, may often become complicated. In many cases, the estranged couple may find it best to file for a joint dissolution. It may help all those who can find common ground to negotiate the divorce proceedings.
Many U.S. couples, including those of Lake County, Illinois, will agree that a divorce can present a unique set of challenges for spouses. A few of the complicated issues accompanying divorce are spousal support, child custody, child support and property division. In addition, couples may find it difficult to deal with these processes single handedly. Professional support is usually needed in all matters, including child custody.
Many Lake County, Illinois residents would probably agree that the end of a marriage presents both spouses with a unique set of challenges. Property division, child custody, child support and spousal support are some of the extremely complicated issues that couples have to address at the time of separation. Things can get more complicated when the couple is always in the limelight for a number of reasons.
Do-it-yourself books have been around for a long time. Now, many people buy do-it-yourself software. One company is taking do-it-yourself software to a place it hasn't yet gone: divorce.
With the signing of the bill authorizing same-sex marriage next week, Illinois becomes the 15th state to open up its marriage laws to all couples. When the law goes into effect next June, same-sex couples will be able to marry in Illinois. And, after the passage of some time, some of those couples will conclude their marriage is not working and decide to get a divorce.
There can be many complex financial considerations during a divorce. Keeping a home, appraising a family home, valuing the future income stream from a retirement account or Social Security, and simply separating the finances of a couple becoming two separate households.