Today’s skyrocketing property values mean that more couples than ever are falling into the category of “high net worth” or “high asset” divorce. These divorces come with their own unique set of challenges due to the value of marital assets as well as their complexity....
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Not All Assets Are Eligible For Division in Divorce
A common misconception is that a divorce will result in “losing half of everything”. That may be true in some states, but not in Illinois, where marital property is subject to equitable division. Equitable division means that all marital property and liabilities are...
Protecting Your Child’s Holiday Memories
“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” – Maya Angelou This powerful quote has been shared far and wide throughout cyberspace. It has a particularly important...
How does a prenuptial agreement work?
Preparing for the worst and unwanted contingencies may prevent additional stress and acrimony at the end of a marriage. A prenuptial agreement can help prevent some of these problems, and can greatly ease in the property division process, should the marriage later end...
We have a 20-year track record of success for Gurnee families
After an Allocation Judgment and Parenting Plan is entered with the court, the next major topic may be child support and child related expenses. Child support is now calculated based upon the net incomes of both parents. Net income is the income a party receives after...
New bill resurrects 4113
The new House Bill 185 has the same goal as House Bill 4113. Currently, there is a movement among divorced parents, which is seeking to change the Illinois Marriage and Dissolution of Marriage Act, and give both parents equal parenting time. Of course, the final...
Overview of the Servicemembers Civil Relief Act
One of the most important laws that protects servicemembers who reside in or are stationed near Lake County, Illinois is the Servicemembers Civil Relief Act. Although this law offers valuable protections to military personnel who are going through a child custody...
Seeking modification when you can’t afford child support
As a parent, there are many things you can do to reduce expenses when it comes to your child. In months when money is tight, you can adjust your spending on unnecessary groceries or simply explain to the child that you cannot afford what he or she wants. It may even...
What factors do Illinois courts consider in custody cases?
As this blog has discussed previously, whenever an Illinois court is deciding how to allocate parental responsibilities, the paramount concern will be what is in the child's best interests. In order to determine a child's best interests, a court will look to a number...
How does a legal separation work in Illinois?
Some residents of Lake County, Illinois, may realize that they need to live separately from their spouses and want the necessary legal protection to be able to do so safely and securely. However, for religious, financial or emotional reasons, or some combination of...
