Divorces that involve minor children can be some of the most complex. This is due in large part to the additional emotional challenges that Illinois parents must face. No longer can both parents expect to see their children on a daily basis. Additionally, many of the decisions that accompany child custody arrangements have ongoing impact. The payment of child support is one of these things.
Parents in Illinois who get divorced can have a seemingly never-ending list of issues to be concerned about. This is particularly true for any topic that involves their children. If you are facing a divorce or have already gotten a divorce and have minor children, you understand this all too well. Decisions about child custody including both legal custody and physical custody can be some of the most difficult to come to during a divorce process.
How marital property and assets are divided in a divorce is understandably one of the first things that people facing divorce in Illinois are concerned about. This is due in large part to the confusion that exists surrounding the legal term, equitable division. Many people automatically yet incorrectly equate equitable with equal. In fact, equitable refers to fair, not equal. This is a very important point that must be understood.
As with many things in our society, prenuptial agreements have evolved over the past few decades. More and more couples in Illinois today are entering into these marital contracts to help protect non-marital property in the event that a divorce later happens. Modern prenups, however, can do far more than simply clarify what is marital property and what is non-marital property.