High-asset Divorce

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...

There are two types of divorces in Illinois: contested and uncontested divorce. A divorce is considered “contested “when both parties cannot come to an agreement on at least one issue such as property division, child support or child custody. Qualifications for an...

Getting a divorce in Illinois is often an expensive and time-consuming process. Spouses considering divorce will often carefully review their circumstances to find out if there's a way to limit what their spouse receives in the divorce or what expenses they will incur...

The way that you split up your shared or marital assets is often one of the more contentious aspects of an Illinois divorce. Couples often suspect divorce will occur for some time before either spouse actually files the petition. During that intermediary time, it is...

If you and your spouse have amassed considerable assets before you decided to end your marriage, you’re probably headed toward what’s called a “high-asset” divorce. That means that you’ve got a lot more at stake financially than the average divorcing couple. Even...

National Family Solutions offers tips for living with your soon-to-be-ex during or after your divorce. Have a conversation with your children Use your children’s age and level of maturity to decide when and how to discuss the living situation in the household. Using...

In Illinois, it is possible for your 401(K) to be subject to an equitable division. The court makes the decision on how the 401(K) is divided among both spouses after divorce. Understanding the Role of a Qualified Domestic Relations Order During property division...

A dissolution is another term for “divorce.” According to the Illinois State Bar Association, the start of a dissolution is when the parties file a divorce petition. One must file for divorce in the county which he/she resides in or the county in which their spouse...

There are a variety of different factors that play a role in seeking spousal maintenance. One common factor that we see at Denis M. Gravel & Associates, P.C., is being a stay-at-home-parent. Of course, being a stay-at-home-parent has its advantages by saving the...

Maintenance: What are the types? During a divorce, it may be determined that one spouse is entitled to maintenance, formerly known as alimony or spousal support.  . In Illinois, there are a number of factors to determine if maintenance is even applicable in your...