Have you ever heard of the "seven-year itch"? This term refers to a time in a relationship when one or both partners becomes unsatisfied. To learn how to avoid this, click here.
What Is the Seven Year Itch?
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High-asset Divorce
Why many high-asset couples choose an uncontested divorce
If you are like many couples facing divorce, you and your spouse may have a complex shared estate. From real estate and other investments to insurance policies and business holdings, you may have deep concerns about how a judge might distribute your assets. You may...
Preparing For a High-Net Worth Divorce
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....
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...
How to protect your assets before and after a divorce
Every time a couple splits, dividing property is an enormous concern. There is likely to be a tussle over who gets what. Avoid conflicts by protecting your assets both before and after settlement from a divorce court. How to protect your assets before divorce There is...
What happens to the house in a divorce?
Property division is, and will likely always be, one of the most contentious and stressful parts of getting a divorce. You must figure out how you want to split every single asset, including your home. It is important to understand your rights and to know what may lie...
Tips for adjusting to post-divorce life
Divorce affects more than just your romantic relationship. It also has significant implications for many other aspects of your life, including your children, finances and mental health. Figuring out to move on in all areas can be difficult. Here are some tips to help...
How does the court divide debt in a divorce?
When you get a divorce, the court will expect you to divide everything in your marriage between the two of you. Everything includes all property, assets and liabilities. The Illinois General Assembly explains the law sees debt as any other type of property. For this...
How can I move on financially after a divorce?
A divorce can have negative effects on your financial situation. It is common to end up with some financial issues after a divorce simply because you are dividing your income into two households. However, you can move on financially after a divorce if you prepare...
If you’re a stay-at-home spouse, do you have any right to the marital assets?
When you’re a stay-at-home spouse without an income or resources of your own, the idea of getting a divorce can be particularly scary. You may feel financially restricted in your marriage because of your lack of income or you may feel frightened that your spouse’s...
