Periodically reviewing prenuptial agreements is essential to keep them fair, relevant, and enforceable, thereby reducing the risk of costly litigation
Prenuptial Agreements Retain Financial Control in Divorce
If you are hesitant to discuss or enter into a prenuptial agreement, consider that the alternative is allowing Illinois state law to dictate the
How Does Divorce Impact the Family Business?
In a divorce, if a spouse has an ownership interest in a closely held (family) business, the interest may be classified as marital property subject to
Pet Custody in Illinois and Division of Marital Assets
In the beloved 1997 comedy Air Bud, a classic courtroom showdown unfolds when two feuding owners stand on opposite sides of the room, desperately
Transferring Ownership Interests of a Business in a Divorce
Transferring ownership interests of a business is common in a divorce settlement. When dividing martial assets in a divorce, the divesting (exiting)
Prenuptial Agreements and Marital Debt
In addition to protecting assets acquired prior to a marriage (aka non marital or separate property), prenuptial and post-nuptial agreements allow
Asset Protection With a Prenup
Today, many young people delay marriage until they have launched a career or started a business, and, not all that surprisingly, some are asking for
Popping the Prenup Question
In his Rolling Stone advice column, David Crosby, of the Crosby, Stills, Nash and Young fame recently offered some advice for someone thinking about
Drafting an Ironclad Prenup
"Reluctant, resistant, and afraid to sign the agreement" is how Dr. Dre’s wife is characterizing the signing of their prenuptial agreement as the