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December 2018 Archives

High asset divorce: Couple must sell high-dollar art collection

The end of a marriage in Illinois and across the country is almost always difficult. If that end is contentious, the negotiations that ensue can be even more challenging to resolve. This could especially be the case in a high asset divorce where stakes are much higher. Often, a judge must intervene as one has recently done in the highly contentious divorce of Harry and Linda Macklowe.

Property division: Dividing a business during divorce

Many people in Illinois work hard to make the businesses that they own a success. This often involves a great deal of sacrifice -- of both finances and time. If a business owner is married, his or her spouse may also have to sacrifice even if not directly involved in the business. As a result, a business is an important and sometimes complex consideration as part of the property division process if a couple decides to divorce.

Easing property division with a valid prenuptial agreement

Many people in Illinois considering matrimony have many things under consideration as their wedding date approaches. While it may be difficult to think of the relationship ending, creating a prenuptial agreement can often significantly ease the process should a divorce occur. This may be especially important for those who own their own business or expect a large inheritance and want to protect their interests during the property division aspect of a divorce. However, in order for a prenup to be valid, there are several considerations.

Information on child custody in Illinois

Parenting with another person is difficult enough when the parents remain in a committed, romantic relationship. When that relationship ends, some parents in Illinois may have difficulty. Though both parents likely want only what is in the child's best interests, they may struggle to agree on what that is. Fortunately, the law firm of Lois Kulinsky & Associates, Ltd. is ready to help you fight for what is right for your child and is aware of how recent changes in state law may impact your child custody claims.