Given the high rates of divorce in the US, a prenuptial agreement offers significant benefits. Signing a prenuptial agreement protects spouses and their assets.
Family law attorneys have reported an increase in requests for pre-nuptial agreements from marrying couples, and much of the increase can be attributed to the Millennial generation.
When an ex has been ordered to pay child support, it usually means a judge has determined the individual has the financial resources to do so. However, court orders are sometimes disobeyed. Here’s what an Illinois parent can do if an ex fails to pay child support. What is the standard process for paying child…
Dealing with the divorce proceeding can be somewhat of a balancing act as you should have your own plan to protect yourself and your assets, yet you don’t want to be overly aggressive and turn the divorce into a long legal battle.The following are important steps you should take as part of the divorce planning process.
As you go through the divorce proceeding and get used to your life after the divorce, follow these tips to make this transition easier for your children.
There has been a noticeable increase in divorce rate for couples over 50, or grey divorce in the U.S. If you are going through a grey divorce, it is important to consider the financial aspects of the separation. The following are important tips to review for couples going through grey divorce.
When a divorce occurs, the division of marital and financial assets is a necessary step in the divorce proceedings. Social Security benefits may come into play in certain jurisdictions when other assets are divided. Government employees can put money into their government pension plans without contributing to Social Security. This makes a percentage of their pensions a legitimate Social Security substitute that is considered a marital asset that can be divided in a divorce.
With all the stress, time, and effort that goes into the divorce proceeding, it is easy to overlook the effects of the divorce on the children. Children are vulnerable to stress from a divorce because they are witnessing the splitting of their family, often for reasons that they do not know or understand. The situation can be especially stressful if one parent engages in parental alienation.
Many people consider their dogs and cats members of the family, not property, and custody of the pets can become a major issue in the divorce proceeding. As of January 1, 2018, a new Illinois law was passed that treats pets more like children and allows couples more options to come to a compromise when it comes to pet custody.
Choosing to adopt a child is a major decision, but one that can provide a child with a real, loving home and a chance at a normal and happy life. If you are a resident of Illinois that is considering adoption, it is beneficial to review Illinois adoption laws and policies to get an idea of the process and requirements.