If you and your spouse have a joint credit card - both names are on the account - both of you are responsible for the payment even if only one of you
Protecting Assets While Cohabiting in Illinois
Many Illinois couples live together without ever tying the knot, but it is important to understand that there are legal protections that only come
Strategies to Reduce Taxes in a Divorce
Divorces finalized prior to January 1, 2019 allowed a spouse paying alimony to deduct the payments from his or her taxes, often allowing divorcing
How to Split Up Debt in an Illinois Divorce
Many couples who are considering divorce may have credit card debt or other debts incurred during the marriage that must be split up just as you would
Dividing Employment Benefits in a Divorce
Dividing assets in a divorce can be complicated. In a complex divorce, couples may have accrued significant employment benefits that are more
Who Gets the Dog or Cat in an Illinois Divorce?
This year, California became the third state in the country to adopt a law that considers the best interest of pets caught up in the tug-of-war of a
How Social Security Benefits Are Affected By Divorce
Many people who divorce later in life are rightly concerned about what their retirement will look like at a time when they have fewer earning years
Quit Claim Deeds to Transfer Home Ownership in Divorce
When couples divorce, they will have to decide what to do with the family home. One option is to sell the home and split the proceeds. Alternatively,
Protecting Your Small Business With a Prenup
There are over 11 million businesses owned by women in the U.S., representing roughly 40 percent of all businesses nationwide. What many married women