As you and your spouse begin divorce proceedings, one of the things you have to determine is how you will divide your business. There are a few different ways you and your spouse might handle your business. According to the American Bar Association, you may decide to...
Many spouses hide assets from one another during or leading up to divorce. There could be some serious consequences if your spouse gets caught doing this during a formal discovery process. Unfortunately, by the time your divorce gets to court, your spouse may have...
People filing for divorce in Illinois may be familiar with the concepts of marital and separate property. SmartAsset notes that spouses acquire marital property during the marriage, but separate property may be under the ownership of one spouse before the marriage, or...
If you and your spouse in Illinois have decided to get separated or to get divorced, you will want to make sure that you take the right steps to protect yourself now and during any future proceedings. As you move forward to figure out how the two of you will...
A divorce in the state of Illinois can be complicated by a variety of factors: children, length of marriage, monetary concerns and geography. In a divorce in which the parties have high net worth, settlements are often complicated and require the services of...
A divorce or split from a domestic partner in Illinois may lead to questions about who will have custody of your children. You may not be aware of it, but there are actually two types of custody that the judge will make a decision about in your case. One is legal...
Even when couples separate on relatively good terms, the process of divorce can be emotionally draining at best. When partners have irreconcilable differences, that stress may feel unbearable, leading to rash words or actions that may make the situation worse. ...
Many people become intensely emotional during a divorce. It is normal to experience feelings ranging from anger and disappointment to sorrow and embarrassment. Regardless of your emotional state, you need to be aware of how your words and actions may influence the way...
One of the most confusing things for many people facing divorce is making sense of how the courts in Illinois divide assets between spouses. Illinois uses the equitable division standard for marital assets. The courts will do everything in their power to ensure that...
Couples facing divorce in Illinois frequently have to sort out disagreements about how to fairly split up their possessions. It is relatively common for disagreements to occur about who owns what and what assets and debts are marital property. The more valuable the...
