Posted on September 12, 2022 in DuPage County Divorce Attorneys

There are different areas of the Illinois divorce process that can have a significant impact on how a divorce turns out. One of those areas is discovery. Discovery is the process that is used to help both sides gather evidence to ensure that both spouses have the same financial information in order to be in a better position to negotiate a fair divorce settlement.

Discovery is considered a legal process and there are rules that both parties are required to follow, both in the gathering of evidence and the supplying of evidence that is requested. Failure to adhere to these rules can result in sanctions from the court. The following is a brief overview of some of the tools your attorney or your spouse’s attorney may use during the divorce.

Interrogatories

As part of the discovery process, attorneys may send the other side a set of interrogatories. These documents are a list of questions that the other side is required to respond to under oath. Generally, these questions are about the spouse’s background and often include questions about their education and work history. There are also often questions about any income, financial accounts, assets, and debts the spouse may have. The goal of interrogatories is to determine whether or not the spouse is hiding assets in order to avoid including them in the marital estate and equitable distribution.

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 Posted on September 07, 2022 in DuPage County Divorce Attorneys

If you have decided to end your marriage, there are important steps you should take in order to protect your financial interests. Even if you think that your divorce will be a friendly one, the reality is that all it takes is one disagreement over what may seem a minor issue and your divorce can quickly turn into a remake of the old movie The War of the Roses, in which a divorcing couple’s possessions become the focus of a contemptuous divorce battle.

Dividing the Marital Estate

Illinois is an equitable distribution state, which means that all of the assets and property the couple owns will be divided between them in an equitable manner. In order to make sure this division is equitable, it is important to have an accurate accounting of how much the marital estate is actually worth.

Unfortunately, this can sometimes result in one spouse trying to hide assets. This can be especially easy to do if one spouse leaves the handling of all of the couple’s finances up to the other spouse.

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 Posted on August 31, 2022 in DuPage County Divorce Attorneys

Child support is a topic that can easily make emotions run high, especially in the context of an already embittered divorce. While most parents are happy to financially support their children, making payments to a disliked ex who may not be raising your children the way you hoped can be a challenging process. Being the parent who receives child support is often no easier, especially if you feel as though you are under constant scrutiny regarding how you handle the support payments. 

Regardless of personal differences between parents, and unlike other parts of negotiating a divorce, child support payments in Illinois are generally not negotiable and are established according to a formula known as the “income shares” model. Understanding which factors can affect this model and the overall support payments is important for parents who are approaching child support for the first time. 

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 Posted on August 26, 2022 in DuPage County Divorce Attorneys

Creative and inventive individuals who get divorced may be surprised to learn that the products of their creativity are considered part of the asset division process in Illinois. Just as physical property must be assessed and divided, intellectual property must be valued and split between spouses as well. Read on to learn more about how intellectual property is handled in an Illinois divorce, and then call an attorney with experience in high-asset and complex divorce who can help. 

What is Intellectual Property? 

Intellectual property is a term that describes intangible (nonphysical) assets that are owned by a person or a company and cannot be used without the owner’s permission. Intellectual property rights are covered by laws that provide legal protection to products of human creativity, just as real property rights are protected. Examples of intellectual property include:

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 Posted on August 18, 2022 in DuPage County Divorce Attorneys

Generally, when a couple or individual decides to end their marriage, one spouse will file for divorce, and the other spouse will respond. Spouses will spend the remainder of the divorce process negotiating over things like asset division and child custody. However, when one spouse has gone missing, serving divorce papers can be difficult or impossible. Other times, a spouse may simply decide to be uncooperative, refusing to respond to divorce papers or attempt to resolve divorce issues. 

People who want to get divorced but do not know where their spouse is are not doomed to stay stuck in their marriage. There are ways to get divorced, even if your spouse is missing or uncooperative, and an experienced Illinois divorce attorney can help. 

How Does a Missing Spouse Change the Divorce Process? 

Illinois provides an alternative pathway to divorce for people whose spouses are missing. This is called “divorce by publication.” To qualify for a divorce by publication, one spouse must convince a judge that the missing spouse cannot be located, despite making serious efforts to do so. 

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 Posted on August 12, 2022 in Wheaton Divorce Attorney

Nearly everyone knows that marriage rates are not what they used to be. Perhaps unsurprisingly, divorce rates are changing, too - but not in the way you might expect. While 83 percent of people born between 1928 and 1945 (dubbed “the Silent Generation”) were married by age 37, researchers predict that Gen Z - born between 1997 and 2012 - are marrying far less. While this cohort is still quite young, the expectation is that only 60 percent of white Gen Zers will be married by 40 years old, while black Gen Zers might reach levels as low as 23 percent. Why is this happening, and what does it mean for America? 

Is There a Relationship Between Low Marriage and Divorce Rates? 

Just as the Baby Boomers were married at much greater rates than younger generations, they have made headlines by pursuing divorce in staggering numbers. In recent years, more than 30 percent of divorces were made up of Baby Boomers going their separate ways. 

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 Posted on August 05, 2022 in Child Custody

The divorce is finally over and life is easy again. Right? Maybe not so fast. Although you no longer share a house with your ex, if you have minor children, you are likely still dealing with extensive communication around planning for the upcoming school year.  While the kids are probably excited (and you might even be looking forward to having them occupied during the day), preparing for the first school year after an Illinois divorce can take some serious work. Here are five suggestions for how to get ready for school. 

Budget for School Supplies

Generally speaking, the parent with the majority of parenting time is receiving child support that already factors in the paying parent’s contribution towards school supplies and extracurricular activities. This means the parent with the majority of parenting time is usually responsible for school shopping. You can ask the other parent for help paying for supplies, but he or she is not obligated to send more money. 

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 Posted on August 02, 2022 in DuPage County Divorce Attorneys

People getting divorced in Illinois frequently worry about finances and perhaps never so much as when they are on the cusp of retirement. Pensions, investment plans, and savings accounts are the product of many years’ worth of hard work, sacrifice, and painstaking planning. The prospect of dividing assets in a divorce can be devastating. While a divorce attorney cannot guarantee a perfect outcome, having the help of an experienced firm on your side can help you mitigate the financial impact of divorce on your retirement prospects. Here are three questions to ask yourself as you gather your financial information before the divorce. 

What Will Your Social Security Benefits Be? 

Spouses who have been working their entire lives often have a healthy amount of Social Security waiting for them upon retirement. But for spouses who have worked only a little or not at all, a spouse’s benefits may be the best option. If you have been married for at least 10 years, you may be eligible to receive up to half of your spouse’s benefits. If your ex-spouse plans on collecting based on your work history, your benefits will not be affected. 

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 Posted on July 29, 2022 in DuPage County Divorce Attorneys

Before your Illinois divorce can begin, you will need to choose the county - or venue - in which you want to file for divorce. Generally speaking, the spouse who files for divorce gets to choose the venue where the divorce will take place. However, the responding spouse can object to the venue and petition for change. If your spouse already filed for divorce and you are worried that the venue may negatively affect you, it is essential to have an experienced Illinois divorce attorney who can help you petition for a change of venue. Here are three reasons you may want a different divorce venue. 

Distance

Sometimes spouses who are getting divorced have already separated households. If one spouse moves to another county and files for divorce there, the distance may be too great to comfortably move back and forth for court dates or mediation sessions. This is especially true if the responding spouse has minor children who need to be cared for during court dates. 

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 Posted on July 25, 2022 in DuPage County Divorce Attorneys

Americans' average student loan debt is now nearly $40,000, just $5,000 less than the median individual income. For some students, such as those with graduate degrees in medicine and other highly competitive fields, the cost of an education can be hundreds of thousands of dollars. While the promise of education and the returns on investment it may bring leads many people to get deeply into student debt, getting out of that debt is not so easy. 

For many married couples, their student loan debt may be their most significant liability. And while a couple may have agreed that one spouse would go to school to pursue greater opportunities, when confronted with the prospect of divorce, the other spouse may suddenly be hesitant to share the responsibility of that debt. So what does an Illinois couple do when they are getting divorced with student loans? 

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