In Illinois, a divorce can be referred to as a “dissolution of marriage.” According to the Illinois State Bar Association, your dissolution begins when you file a Petition for Dissolution of Marriage. Illinois is considered a “no fault” state. Therefore, the grounds...
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High-asset Divorce
Splitting up? You can seek spousal maintenance
All families are different. During the course of a marriage, it is possible that one, or both spouses were employed to support the family. During a divorce, when one party earns substantially more than the other, it is possible for the lower-earning party to seek...
Maintenance: What are the types?
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...
How does Illinois law determine property division during divorce?
Despite headlines about the declining divorce rate in the U.S., divorce continues to be a common experience for many families. The American Psychological Association notes that around 40% to 50% of married couples in the U.S. end up going their separate ways. The...
What should you do with your marital home in the divorce?
With your pending divorce, you and your current spouse must decide what to do with your property. To help you choose which road to take, please contact Denis M. Gravel & Associates, P.C. to discuss your options. Making a sound choice with regard to a jointly owned...
Post-nuptial agreements can protect spouses
Pre-nuptial agreements are well-known contracts that are executed before marriage, and are used to help protect a spouse's assets if there is ever a divorce. Couples who never agreed to a prenup before marriage, however, can also enter a post-nuptial agreement that...
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...
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...
Property: You Must Know It To Protect It
When it comes to protecting your assets in the event of a divorce, you can't protect an asset you're not aware of. While there are guidelines and formulas for the division of marital assets, they are only effective if used in conjunction with accurate information...