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December 2017 Archives

Child custody and the child's best interest

The decision to stay or go can be a difficult one to make. However, once the Illinois parents make the decision that staying in an unhappy relationship is the wrong choice, it is time to take action. In addition to deciding who will retain which assets and liabilities, decisions regarding the children must be made. Child custody concerns are a critical part of the parents' separation or divorce.

Alimony and the proposed new tax plan

Throughout the divorce process, financial issues are often a driving force. After years of building a life and family together, the Illinois couple decides that the marriage is over. In many instances, however, one of the individuals earns more than the other. In this case, alimony may become a factor in the Illinois couple's divorce.

Some reasons for gray divorce appear to be black and white

You may have heard that the overall divorce rate throughout the nation has decreased in recent years; however, that only seems to be the case for people under age 50. If you have already celebrated a birthday beyond that, you're part of a group who has doubled its rate of divorce in the last 20 years. Did you recently tell your adult children and a few close friends you're planning to divorce?

Proposed changes to child custody standards

Every other weekend and two to four weeks during the summer seems to be the traditional custody arrangement when Illinois parents divorce. For many families, this arrangement appears to work. However, others believe that a 50/50 shared child custody is better for all involved.

The house, the mortgage and an Illinois high asset divorce

Purchasing a house is perhaps the largest investment that an Illinois couple makes during their marriage. In addition to the financial investment in the home, many discover that they have an emotional investment as well. When this happens, the home can become a source of contention between the two parties in a high asset divorce.