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Recent Blog Posts

Approaching Your Divorce With Maturity

 Posted on January 30, 2018 in Divorce

Approaching Your Divorce With MaturityEvidence of an immature romantic relationship can be seen in how a couple breaks up with each other. To avoid the pain of the breakup, one person may avoid talking to the other or place all of the blame for the breakup on that person. As important as a marriage is, you would like to believe that a married couple would be more mature than that when getting a divorce. However, some spouses follow the same behavior patterns as immature couples that break up. The difference is that behaving poorly during a divorce can have more serious consequences. If you both behave like adults, you will increase the chance of having amicable divorce negotiations.

Avoidance

The most immature example of avoidance in a dating relationship is called “ghosting,” when one person suddenly stops communicating in hopes of ending a relationship without having to confront the other person. You cannot ghost your spouse unless you decide to run away. However, you can avoid having necessary conversations, such as:

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Shielding Your Children from Divorce-Related Drama

 Posted on January 23, 2018 in Child Custody / Allocation of Parental Responsibilities

Shielding Your Children from Divorce-Related DramaThere are some details in your marriage and divorce that your children do not need to know. Children already have a hard time adjusting to their broken family after a divorce. Telling them about their other parent’s faults that led to the divorce will hurt them more. Your most important job as a parent after your divorce to protect your children. That means shielding them from the infighting that often accompanies a divorce.

Too Much Information

Dragging your children into your divorce-related drama is unfair to them. Despite what you may think of your former spouse, your children likely look up to him or her as a parent. Children see their parents as infallible role models, even though no parent is perfect. By exposing your children to your grievances from the divorce, you are:

  • Eroding their respect for that parent or yourself;
  • Pressuring them to pick sides;

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Postponing Divorce To Save Money Not Worth It

 Posted on January 15, 2018 in Division of Assets

Postponing Divorce To Save Money Not Worth ItGetting a divorce can hurt you financially as much as it does emotionally. As part of the divorce negotiations, you will need to surrender several marital properties and other monetary assets. Afterwards, you will be left with fewer resources but many of the same financial obligations. Knowing the monetary consequences, some spouses choose to delay their divorce. By doing so, they may hope to:

  • Accumulate greater financial assets to support themselves after divorce;
  • Continue to take advantage of their marital status when filing taxes; or
  • Repair their marriage so as to avoid divorce.

While there are some potential advantages to delaying your divorce, the disadvantages are often greater. There are several reasons why postponing a divorce hurts spouses more than it helps them:

  1. Reconciliation Is Unlikely: Once you have concluded that you want to divorce, you have reached a point of virtually no return. In many cases, divorce is the correct decision, even if it is difficult to admit. You have accepted that your marriage is beyond repair, which can be the biggest obstacle to deciding to divorce.

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Parental Rights Without Marriage

 Posted on January 04, 2018 in Paternity

Parental Rights Without MarriageYou do not need to plan on marriage in order for family law to be useful. Cohabiting couples share their lives in many of the same ways as those who marry. This includes having children, which will tie the two people together even if they separate. A co-parent who never married is responsible for child support payments if the couple lives apart. However, there are benefits to being married parents that unmarried parents do not automatically receive. Unmarried couples must proactively use family law to gain equal rights as parents.

Establishing Parentage

When a married woman has a child, her husband is assumed to be the father. A biological father who is not married to the mother must identify himself as the father in order to have paternal rights. The father can sign a Voluntary Acknowledgement of Paternity form immediately after the child’s birth. In some situations, only one person is the biological parent. The other partner can apply for adoption to become a legal parent. Establishing parentage grants several rights regarding the child, including:

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Five Mistakes to Avoid in High Asset Divorce

 Posted on December 27, 2017 in High Asset Divorce

Five Mistakes to Avoid in High Asset DivorceDivorcees with high-value assets follow the same laws as everyone else getting a divorce. The difference is that wealthy individuals have more at stake in terms of finances. The process of dividing up their assets is often more complicated because the assets are numerous and diverse. Whether because of miscalculation or emotion, making a mistake can cost thousands or millions of dollars. Individuals in a high asset divorce must take care to avoid these mistakes when dividing up their marital properties:

  1. Hiding Assets: With the prospect of losing several valuable marital properties, a divorcee may try to protect them by purposely hiding them or failing to disclose them. Common tactics include creating hidden accounts or temporarily transferring properties to a friend. A divorce court may penalize a party who has been caught trying to deceive a spouse. The guilty party may be forced to compensate the other spouse by giving up marital assets or money.

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Four Ways to Be a Good Client During Divorce

 Posted on December 21, 2017 in Divorce

Four Ways to Be a Good Client During DivorceWhen you begin the divorce process, you are entering a prolonged working relationship with your divorce attorney. Your attorney is your go-to person for discussing all of the technical aspects of divorce, including property division and allocation of parental responsibilities. You select an attorney based on his or her ability to help you obtain a favorable outcome from divorce. However, a good attorney is at his or her best when the client is helpful. Here are four tips for being a good client during your divorce:

  1. Showing Interest: Your attorney has extensive knowledge about divorce, but you are the expert on all matters concerning your life and your marriage. You must be willing to be an active part of the divorce by being available to answer questions and provide information. Anticipate that your attorney will need to know detailed information about your finances and property. Try to promptly answer any questions he or she asks.

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Including a New Significant Other During the Holidays

 Posted on December 14, 2017 in Divorce

Including a New Significant Other During the HolidaysIt is understandable and in many cases expected that you will date new people after your divorce. The tricky part is when and how to introduce your new romantic interest to your family – most significantly your children. You want to include your significant other in all aspects of your life, but you also must consider how others will react. This conflict becomes heightened during the holiday season. You can spend time with your new partner, but including him or her in family events may create uncomfortable situations. There are circumstances in which it is a bad idea to invite a new significant other to a family holiday gathering.

During the Divorce

Openly dating someone while your divorce is ongoing can be damaging to your case. Besides making you look selfish, your divorcing spouse may bring up legal questions of whether:

  • You have been spending marital assets on your new romantic partner;

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Child Support Needs Adjustments Over Time

 Posted on December 05, 2017 in Child Support

Child Support Needs Adjustments Over TimeThe amount of money needed to raise a child is neither static nor uniform. Different children have different needs, and any of those needs can change as they get older. Yet, child support payments created during a divorce only reflect the financial needs at that time. They cannot predict what the future child support needs will be or any emergency expenses in the present. Divorced parents must be willing to re-examine their child support payments to determine whether the payments are still meeting their children’s needs. They should also have an understanding of how they will pay for unusual expenses that occur.

Child Support Model

Determining the required amount that one parent must pay for child support starts with calculating the parents’ combined financial obligation to the children. The initial amount is based on the parents’ combined incomes and the number of children. Illinois has a table that uses both factors to suggest a combined monthly child support amount from both parents. Parents can add other regular child-related expenses to that monthly total, such as:

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Calculating Goodwill as Part of Business Value

 Posted on November 28, 2017 in Business and Divorce

Calculating Goodwill as Part of Business ValuationA business’ value extends beyond the earnings that can be attributed to its tangible assets. Factors such as reputation amongst customers can increase its value in ways that are harder to calculate. These intangible assets are known as goodwill and are commonly included in business valuations. When a divorcing couple is assessing a business during the division of property, goodwill should be part of the valuation. However, it can be tricky to put a monetary value on goodwill, and not all forms of goodwill are treated equally in a divorce. An experienced business assessor is needed to understand the true value of goodwill.

What Creates Goodwill?

When competing businesses offer similar products or services, it is a business’ goodwill that may make a difference in a customer’s choice. Goodwill can create greater economic returns by attracting new customers and bringing old customers back. Several factors can add to a business’ goodwill, including:

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Consistent Parenting Time Healthier for Divorced Dads

 Posted on November 21, 2017 in Parenting Time (Visitation)

Consistent Parenting Time Healthier for Divorced DadsStatistical studies have calculated that people who are divorced are more than twice as likely to commit suicide than their married counterparts. While that number is concerning, the statistics become more alarming when comparing suicide rates between divorced men and divorced women. According to one study, divorced men are nearly 10 times more likely to commit suicide than divorced women. Researchers have searched for a reason for the disparity between men and women. One logical conclusion is that divorced fathers feel more anger and depression because they often have less parenting time than mothers.

Health Risks

Suicide is the most extreme consequence of post-divorce depression. Divorced men and fathers tend to lead more unhealthy lifestyles and make poorer choices. This may include:

  • No longer attending doctor’s appointments;
  • Not following through on medical instructions;

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