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February 2019 Archives

Options to split business assets in a high asset divorce

The vast majority of people in Illinois and across the country are likely familiar with the company Amazon. Though CEO and founder Jeff Bezos is in the news relatively frequently, the announcement of his impending divorce to wife of 25 years MacKenzie has several people wondering how such an asset -- a 16.3 percent stake in a successful company -- can be divided. While the details of their potential agreement and its impact on the company are unknown, there are several options available when it comes to a high asset divorce.

When do you know if it's time to divorce?

Every Illinois couple has problems. In fact, if you know a couple who seems to have a perfect marriage, you may be shocked to learn what transpires between them in their private moments. Still, you may feel at times as if your marriage is on the rocks more than not, and this can be frustrating and demoralizing, especially if your friends on social media are always celebrating their love.

Illinois considers changes in child custody laws

Most parents in Illinois work hard to make the decisions that are in the best interests of their children. For some couples, this means choosing to divorce so that both parents can live happier lives and set good examples for their children. In the past, many parents might be concerned that making such a decision would mean less time with their children. However, more states are starting to recognize the importance of an equal parenting arrangement. Some politicians are working to ensure that this new mindset regarding child custody is reflected in Illinois laws.