In an Illinois personal bankruptcy proceeding a debtor may be granted a discharge of his or her debt. When a bankruptcy petition is filed, a
More Women Divorcing After 50
Despite potential financial consequences, well over half of all divorces over the age of 50 are initiated by women who tend to fair worse financially
Financially Dependent Spouse in a Divorce
It is not uncommon for one spouse to stay home to raise children while the other earns income working outside of the home. A spouse who has not worked
Hiring a Divorce Lawyer to Achieve Best Outcome
Those considering divorce sometimes feel that hiring a divorce lawyer will result in expensive and time consuming litigation and that it might just be
Financial Issues to Consider in a Divorce
Divorce raises a number of financial concerns that couples will need to navigate. Our experienced team handles financial issues related to Illinois
Divorce When a Spouse Cannot be Located
When couples decide to divorce, one or both can file for divorce to end the marriage. However, marriages sometimes end when one spouse simply walks
Life Insurance to Secure Child and Spousal Support Payments
After divorcing couples agree on the terms of a divorce settlement agreement, which often include orders for child support and spousal maintenance, it
Divorce Settlement Agreements for Spousal Maintenance
A divorce settlement agreement is a legal document that lays out the terms of a divorce and often includes details regarding child custody and
Tax Treatment of Assets in a Divorce
When dividing certain assets in a divorce, it is important to consider the tax consequences. Although most property transfers incident to a divorce