The idea of grey divorce, which is defined as divorce in people over 50, is becoming more common today. So many people in that age group have started to divorce their spouses that the grey divorce term was specifically created for that demographic. Between 1990 and...
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Month: August 2016
Factors contributing to many divorces
Whether you are divorced, getting a divorced or contemplating a divorce, you may be reflecting on the various things that led you to that place. Despite what many people in Illinois may think, it is not always a major event like an affair that influences people's...
Marriage and divorce tips for business owners
For married Illinois couples, splitting up assets can be one of the most challenges and contentious parts of getting a divorce. Obtaining proper valuations for all assets and then determining which spouse will receive which asset or parts of assets is no easy task....
What are some financial tips for divorcing spouses?
When the possibility that a marriage may be coming to an end starts to set in, it is not uncommon for spouses in Illinois to be concerned about their financial well-being. A divorce can have serious financial implications for people that may last for years after the...
What is financial infidelity?
Most Illinois couples would agree that honesty is a critical component to a healthy and successful marriage. Both partners should be able and willing to be open with each other about a myriad of topics, including money. Any breach of this essential honesty can be seen...