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How Social Media Can Affect Divorce Proceedings
For many people today, social media plays an important role in their lives. People of all ages stay in touch with family, friends, and networking connections through social media platforms such as Facebook, Twitter, Instagram, TikTok, and LinkedIn. In a divorce, however, it is important to know that social media is not your friend. If you use it at all, be very careful of what you post.
The Future of Health Savings Accounts in an Illinois Divorce
A divorce can be one of life’s most stressful events. The former partners may be ready to move on with their lives, but the division of marital property must be resolved – including any funds in a Health Savings Account (HSA).
How Are Lawsuit Settlements Evaluated in Illinois Divorces?
We all have recourse under the law if we are injured through someone else’s negligence or suffer unlawful conduct in the workplace. A person who has been hurt in an accident that was someone else’s fault may file a personal injury claim for compensation. A victim of wrongful termination, discrimination, or harassment in an employment situation may file an employment lawsuit in civil court.
How Are Non-Fungible Tokens and Other Cryptocurrencies Evaluated in a Divorce?
A malicious spouse hiding assets during a divorce is nothing new, especially if he or she was the primary person controlling and overseeing a marriage’s complex financials. With advances in financial technology, resources for hiding financial assets have grown and not disclosing under-the-radar gains might be even more tempting. While that spouse may think he or she is one step ahead of you, an attorney with the resources to track down and evaluate hard-to-find digital assets can work with you.
The Steps to an Illinois Divorce
Divorce is not an easy process. While some couples may wish they could just rip up their marriage certificate and leave it at that, the truth is that a divorce takes months of litigation and paperwork, potentially years if one party is dragging their feet.
Knowing the important steps of a divorce in Illinois can help you prepare for the process, and help you seek out the attorney that is right for your separation needs.
The Complications of High-Asset Divorce
Divorce is never an easy process. There is property to split, emotions run high, and things can quickly become tense. However, there are few divorces as difficult to undergo than a high-asset divorce. With more assets to look over and split come more financial documents and complicated legal wrangling. Paperwork can quickly stack up, leaving you with mountains to deal with. But why is high-asset divorce so difficult, and how can you make it easier to deal with?
How To Protect Your Child’s Inheritance From A Divorce
As a parent and grandparent, you want to make sure your children, grandchildren, and their descendants receive the inheritance they are due, based on your wishes. In many cases, this is as simple as willing your assets to them – but a will may not protect your children and grandchildren from losing a large portion of their inheritance in a divorce.
Thankfully, there are ways to plan an estate to provide maximum protection for your descendants in the case of divorce. While we always recommend you retain an experienced Chicago family law attorney, there are a few fundamental actions you can take to help protect the people you love.
The History of No-Fault Divorce in Illinois
The first divorce laws in Illinois were passed in 1819. Abraham Lincoln represented more than 120 litigants in divorce cases in his 25 years of practice, a mostly unknown fact reported by researchers for the Lincoln Legal Papers project. The Illinois state legislature had given women the right to divorce earlier than many other states, and Abraham Lincoln served as their advocate. At that time, Illinois judges not only granted divorces to women but also awarded them custody of their children.
When Does Legal Separation Become Divorce?
Spouses who are experiencing a rough patch may choose separate temporarily or even permanently if they feel that rough patch can’t be overcome. This may involve a trial separation, in which one spouse moves out but the legal rules of marriage continue to apply. Couples who are not ready for divorce may opt for a legal separation, which changes your legal status without dissolving the marriage.
Divorcing After Retirement Is Costly
Few things can affect your finances more than divorce, especially when the divorce requires court appearances. Divorcing after retirement, however, can increase the financial burden exponentially. The primary reason for this is that once retired, the partners are living on their existing resources without the means to produce further income. In other words, both parties must have the ability to sustain their quality of life with existing assets and resources.
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