Posted on January 19, 2024 in Child Support

When most people think about the children involved in a divorce, custody battles and issues surrounding child support often come to mind. Familiar scenes from movies and TV tend to focus on parents fighting over where their children will spend the holidays and who will have them on their birthdays. The truth is, there is no one period of time when divorces happen. Some couples decide to get divorced not long after their wedding while others do so after spending years together. Some couples split up before they have kids, and others start the process when they are already grandparents. You might find yourself considering divorce when nursery school is a thing of your past and your children are applying for college. If you are worried about how your impending divorce might impact your ability to cover your child’s college expenses, an experienced Wheaton, IL, divorce attorney can help you understand your options and figure out a plan forward.

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 Posted on December 18, 2023 in Divorce

When one or both spouses are self-employed and getting a divorce in Illinois, it can make the divorce process more complex. Self-employed individuals face unique considerations when it comes to divorce, including the valuation of their business, determining income for child support and alimony purposes, and protecting business interests. If you are self-employed and getting divorced, contact a lawyer to assist you.

The Valuation of Your Business

One of the primary concerns for self-employed individuals during divorce is the valuation of their business. Determining the value of a business can be complicated, involving factors such as assets, liabilities, revenue, and future earning potential. It is crucial to enlist the help of a qualified business valuation professional who can provide an accurate assessment of the business’s worth. This valuation will play a significant role in the division of marital assets and potential spousal support

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 Posted on November 16, 2023 in Divorce

There is a widespread belief that uncontested divorces are straightforward processes that require little to no planning and can be done without the guidance of legal professionals. This is a complete falsehood. While an uncontested divorce may feature less hostility than a traditional divorce requiring extensive litigation, even when both sides agree on the issues, as is true in uncontested divorces, having a qualified lawyer by your side is crucial. If you are approaching your divorce and believe it will be uncontested, here are the many reasons why you should still obtain the services of an attorney.

Traversing Legal Requirements 

Divorce laws and procedures vary from state to state. In Illinois, understanding and navigating these requirements can be challenging to near impossible without first having advanced legal knowledge of the procedures at hand. A lawyer is trained to guide clients through the entire divorce process, making sure all necessary legal requirements are followed appropriately. From correctly filling out various legal documents to filing them on time in the correct fashion, an attorney is specifically trained to complete such tasks. While these kinds of tasks may sound simple to complete, they are anything but.

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 Posted on October 17, 2023 in Divorce

Divorce can be a financially grueling process. Unfortunately, some spouses resort to dissipating assets for one reason or another. Dissipation of assets refers to the intentional waste, depletion, or reckless spending of marital property during divorce proceedings. If you are getting divorced and believe your spouse is dissipating assets, contact a lawyer to ensure the unfair and unnecessary practice of dissipating assets is recognized and dealt with in a legally appropriate manner.

Financial Motives

In Illinois, one of the primary reasons spouses dissipate assets is for financial gain. By depleting marital funds or hiding assets, a spouse may seek to secure a larger share of the remaining assets during property division. This greedy act of self-interest can be driven by a desire to gain a financial advantage or to punish the other spouse. It is crucial to note that these actions are not only unethical but can also have serious legal consequences.

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 Posted on September 14, 2023 in Divorce

Divorce can be a challenging and emotionally straining process, particularly when the people divorcing have children together. However, uncontested divorces have the potential to facilitate a smoother transition and help establish successful co-parenting dynamics post-divorce. Suppose you are a parent getting divorced and are looking to ensure you and your spouse can maintain a respectable co-parenting relationship once your divorce is complete. In that case, an uncontested divorce may be a logical step in making that goal a reality. Contact a lawyer to get the uncontested divorce process started.

Reduced Conflict and Enhanced Communication

Uncontested divorces involve couples who are able to reach agreements and resolve issues without litigation or intense courtroom battles. This approach often leads to reduced conflict and more effective communication between parents. Parents can establish a foundation of mutual respect and cooperation by working together to create important post-divorce documents such as a parenting plan and other co-parenting arrangements. It is through this foundation that parents can actively engage in the decision-making process regarding their children’s lives, taking into account the unique needs and preferences of their children. This allows parents to tailor custody arrangements, visitation schedules, and other aspects of co-parenting to ensure the well-being and stability of the children. 

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 Posted on August 28, 2023 in Divorce

For self-employed business owners, getting a divorce can be a challenging experience, especially concerning what will happen to your business due to the divorce. Apart from the emotional aspects of the divorce, the division of assets and liabilities, including the valuation of the business, adds another layer of complexity. Today, we will examine key considerations for self-employed business owners getting a divorce and discuss the best approaches to valuing their business. For small business owners getting a divorce, obtain the legal counsel of an experienced divorce lawyer to ensure you can make as informed a decision as possible regarding the future of your business.

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 Posted on July 27, 2023 in Divorce

Divorce proceedings involving a shared business can be complex, requiring careful consideration of the best course of action regarding the division of business assets. In Illinois, divorcing couples have various options to consider when it comes to the business, including pursuing full ownership, maintaining joint ownership, pursuing joint ownership, or selling the business entirely. Today, we will examine these three potential options for dividing business assets in an Illinois divorce. If a business is relevant to your case, discuss your options with your attorney regarding how best to divide this valuable asset.

Pursuing Full Ownership of the Business

In some cases, one spouse may be interested in continuing the business independently. This option may entail buying out the other spouse’s share of the business. To pursue full ownership, the spouse must negotiate a fair business valuation and determine the buyout terms. This can involve financial arrangements, such as cash payments, installment payments, or offsetting the value with other marital assets. Acquiring full ownership allows the spouse to maintain control over the business and make independent decisions.

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 Posted on June 15, 2023 in Child Support

In cases of divorce or separation, it is important to ensure children’s financial stability and welfare, and child support plays a critical role in this. In Illinois, the duration of child support payments is determined by state laws and depends on various factors. This blog post will delve into the Illinois guidelines and factors related to child support.

Establishing Child Support

When a court determines child support obligations, it considers several factors, such as the child’s needs, the income of both parents and the allocation of parental responsibilities. When determining child support in Illinois, both parents’ incomes are considered, known as the income shares model.

Duration of Child Support

Child support usually ends when the child turns 18 in Illinois.. However, some exceptions increase the length of child support.:

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 Posted on May 03, 2023 in Child Custody

The Uniform Child Custody Jurisdiction and Enforcement Act (UCCJEA) was enacted by the United States government in 1997. It has been adopted by all 50 states, as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The purpose of the law is to regulate interstate child custody disputes, providing a uniform set of rules that are applied in custody cases that involve parents living in different states. The law ensures that the best interest of the child doctrine if always prioritized.

Determining Jurisdiction

There are a number of scenarios that can arise in child custody (referred to as the allocation of parental responsibilities in Illinois) cases – either when parents go to court for the original order or later on if one or both parents are seeking a modification to the current order – where parents live in different states. Since each state sets its own specific child custody laws, parents living in different states could be problematic in trying to determine which state’s laws should apply.

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 Posted on April 14, 2023 in Divorce

At one time, when a couple divorced, it was almost a given that the husband would be ordered to pay the wife alimony, now commonly referred to as spousal maintenance or spousal support. Over the past several decades, as societal roles have changed and women have become financially independent, spousal support is much less common than it used to be. There are also divorces where the wife is ordered to pay the husband support.

Although it is not as common, there are circumstances where the court will order one spouse to pay the other support. The following is a brief overview of how spousal maintenance works in Illinois divorces.

Types of Spousal Support

The court will order spousal support payments based on the specific needs of the spouse who will be receiving the payments, as well as the income of the spouse who will be paying. In Illinois, there are five different types of spousal maintenance that the court could order:

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