Posted on February 05, 2021 in Division of Assets

When spouses choose to end their marriage through divorce, they will need to address and resolve multiple different financial issues. During the process of dividing marital assets, real estate property owned by either or both spouses will be one of the key issues to consider, since these are likely to be some of the most valuable assets a couple owns. In addition to determining how to handle ownership of their marital home, couples may also need to consider other properties they own, such as vacation homes or commercial properties. To ensure that these assets are addressed properly, it is important to work with an experienced divorce lawyer, as well as other experts who can perform appraisals of property and provide guidance about financial decisions.

Factors to Consider When Dividing Real Estate and Other Marital Property

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 Posted on January 28, 2021 in Child Custody / Allocation of Parental Responsibilities

During a divorce, child custody is often one of the most important concerns that a couple will need to address, but it can also be one of the most divisive issues. When the relationship between parents has broken down, they will be unlikely to agree about what is best for their children, and each parent may believe that they should be granted sole or primary custody. Those who are going through a divorce will need to understand how the law applies to their situation, and by working with an attorney, they can ensure that their parental rights will be protected while also arguing for what is in their children’s best interests.

Allocation of Parental Responsibilities and Parenting Time

Child custody consists of two separate, but related, issues. Legal custody, which is known in Illinois as the “allocation of parental responsibilities,” addresses the decisions parents make about their children’s lives, including their education, the medical care they will receive, religious practices or training, and the extracurricular activities they will participate in. Physical custody, which is known as “parenting time,” is the time children will spend in the care of each parent. During their parenting time, each parent will have sole responsibility regarding the routine decisions about children’s day-to-day lives, as well as the right to make emergency decisions about children’s health and safety.

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 Posted on January 21, 2021 in Divorce

If you are like most people living in the United States in the 21st century, you use social media on a daily basis. Apps and websites such as Facebook, Twitter, Instagram, and TikTok allow you to connect with friends and family, follow news stories, and communicate with others who share your interests. However, this level of connection may also have its drawbacks, especially if you are going through a divorce. As you go through the process of ending your marriage, you should take steps to protect your privacy and avoid any issues that could affect your divorce case.

Social Media and Privacy Concerns

During the divorce process, making sure your personal information is private is likely to be a major concern. If you and your spouse have shared a computer or other electronic devices, you may have had access to each other’s social media accounts. To ensure that your spouse cannot log into your account to view your personal information or make posts in your name, you will want to change your passwords, and you may also want to update your account settings to make sure you can only log in from certain devices.

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 Posted on January 14, 2021 in Business and Divorce

In most situations, the divorce process will involve multiple different financial issues that will need to be addressed. When determining how to divide marital property, spouses will need to consider their physical belongings, financial accounts, real estate property, retirement savings and benefits, and debts. Business interests owned by spouses, either together or separately, will be a major factor in these considerations, especially for those who own professional practices. For doctors, dentists, therapists, chiropractors, accountants, or other professionals, a business will not only represent a significant investment of time, money, and effort, but it may also be a primary source of income. Because of this, professionals will usually want to determine how they can continue owning and operating their practice after their divorce is complete.

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 Posted on January 07, 2021 in Paternity

For many parents, the identity of a child’s father is not in question. In fact, under Illinois law, a mother’s spouse is presumed to be her child’s legal parent, as long as the child was born during the couple’s marriage or within 300 days after the couple was separated, got divorced, or one partner died. However, this means that if a child is born while a couple is unmarried, or if a situation does not meet the criteria described above, paternity will need to be established to ensure that the father will be recognized as the child’s legal parent. Paternity may also need to be addressed if the identity of a child’s father is in doubt or is known to be someone other than the mother’s spouse.

Establishing Paternity in Illinois

The simplest and most common way of establishing paternity is for both parents to fill out and sign a Voluntary Acknowledgment of Paternity (VAP) form, which can be done at any time after their child is born. This form can be provided by a hospital, and it is also available on the website of the Illinois Department of Healthcare and Family Services, at a local county clerk’s office, and other sources. By filling out this form, the parents will both recognize that a man is the child’s father. This will allow him to be listed on the child’s birth certificate, and he will have full parental rights regarding the child.

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 Posted on December 31, 2020 in Child Support

2020 has been a difficult year for many families. The COVID-19 pandemic has caused a great deal of stress for many people, requiring them to stay at home and avoid contact with others whenever possible. Parents have had to determine how to provide for their children’s educational needs as they learn from home or attend in-person classes part of the time, and they may have struggled to balance these concerns with the need to work from home or follow the proper safety measures while in public. On top of everything else, many parents have had to deal with financial difficulties due to layoffs, business closures, or restricted working hours. Divorced or separated parents will want to understand how changes to income or other financial obligations will affect the child support they pay or receive, and they may need to take steps to pursue a modification of their child support orders or other terms of their parenting plan.

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 Posted on December 17, 2020 in High Asset Divorce

Getting a divorce will require spouses to address many different legal and financial issues, and this process can become very complicated, especially in cases where a couple has a high net worth. Sometimes, a spouse may try to take advantage of the complex nature of these proceedings and attempt to unfairly influence the division of marital property by hiding certain assets from their partner. If you believe that your spouse is concealing assets from you or is otherwise refusing to meet their legal obligations during the divorce process, you will want to work with an experienced divorce attorney to determine how to proceed.

Common Methods of Concealing Marital Assets

A spouse may attempt to hide money, property, or other assets because they do not think their former partner should receive certain items, or they may do so out of an attempt to make things more difficult for the other spouse. A person may also believe that they should receive a greater share of the marital estate because they earned the majority of the family’s income. However, attempting to illicitly claim assets outside of the standard procedures for dividing property is illegal. All of a couple’s assets, including their marital property and the separate property each spouse owns, should be disclosed during the divorce to ensure that all aspects of the couple’s financial situation are considered when dividing marital assets.

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 Posted on December 10, 2020 in Child Custody / Allocation of Parental Responsibilities

When parents choose to get divorced, they will need to address a wide variety of legal issues related to their children, and they will need to determine how they can continue to work together as co-parents to meet their children’s needs in the years following the end of their marriage. Since divorce can be an emotional and stressful process, parents’ negative attitudes toward each other may spill over into their interactions with their children and affect children’s relationships with both parents.

When one parent attempts to negatively influence their children’s attitudes toward the other parent, this is known as parental alienation. Whether it is done intentionally in hopes of gaining an advantage in decisions about child custody or is a by-product of a parent’s emotional difficulties during the divorce process, parental alienation should be addressed promptly to ensure that it does not cause harm to the children or affect the other parent’s parental rights.

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 Posted on December 03, 2020 in Spousal Maintenance

Getting divorced can have a major impact on your finances. You will probably need to make a number of adjustments as you shift from managing a home using the income that you and your spouse earned together to using a single income to cover your ongoing expenses. If there is a disparity between the income you earn and the amount your spouse makes, this could introduce additional complications into your divorce proceedings. In these cases, spousal maintenance, which is sometimes referred to as spousal support or alimony, may be appropriate.

When Is a Spouse Eligible to Receive Maintenance?

Spousal maintenance is not appropriate in every divorce, but it may be awarded if one spouse earns the majority of the family’s income or if the other spouse has been reliant on the wages and benefits earned by their former partner. For example, a stay-at-home parent may not currently earn any income, and their former spouse may be required to make ongoing payments to ensure that they can maintain their accustomed standard of living following the divorce.

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 Posted on November 30, 2020 in Child Custody / Allocation of Parental Responsibilities

If you have recently ended your marriage, or if you are currently going through a divorce, you may be dreading the holiday season. As a newly single parent, you may still be adjusting to spending less time with your kids, and the prospect of being alone during a time that had previously been focused on family may have you stressed out. When adding these concerns to the ongoing risks that everyone is facing during the COVID-19 pandemic, you may be wondering how you will get through the coming weeks. However, by making the right preparations, you can not only survive the holidays, but you can begin the next year on the right foot.

Suggestions for the Holidays After Your Divorce

Here are some tips you can follow during this time:

1. Plan parenting schedules in advance - You and your former spouse may have already reached an agreement on how your children will divide their time between the two of you, or you may still be hammering out the details of your parenting plan. You will want to be sure to understand which days your children will spend with each of you during the holidays, how children will be transported between your homes, and any other details, allowing you to avoid conflict with your ex. You should also share this schedule with your children so they know what to expect.

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