Chicago Illinois Family Law Blog

Valuing and Dividing Collectibles and Art in Divorce

By Nottage and Ward on January 20, 2024

Art and collectibles hold immense value, not just for their aesthetic appeal but for their ability to evoke emotions and tell unique stories. Incorporating art or collectibles into a home adds character and a personalized touch, transforming living spaces into reflections of individual tastes, experiences, and cultural influences. These unique items can elevate the ambiance of a home, making it more inviting and resonant with the identity of its inhabitants. During property division in a divorce, artworks and collectibles frequently become focal points, sparking disputes during the division of assets. The intricate nature of these assets poses unique challenges in valuation and equitable distribution.

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Posted in: Property Division

The Role of Post-Nuptial Agreements in Blended Families

By Nottage and Ward on December 24, 2023

In the complex dynamics involved in blended families, addressing the legal considerations is crucial in ensuring a harmonious and secure future for family members. One powerful tool that can aid in this process is a post-nuptial agreement.

Post-nuptial agreements serve as indispensable tools in addressing the nuanced challenges of blended families. By providing clarity, security, and a legal framework for potential conflicts, these agreements contribute to the long-term stability and well-being of all family members involved.

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Divorce and Drug Addiction: Legal and Emotional Challenges

By Nottage and Ward on November 30, 2023

Even under the best circumstances, divorce is a painful and difficult process. If your spouse suffers from drug addiction, things become a lot more complicated. The instability that results from drug addiction may threaten the safety and well-being of you and your children. Drug addiction frequently causes financial issues, and this may be an issue when making decisions about asset division and spousal support.

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Posted in: Divorce

Divorce and Retirement Accounts: Splitting Assets Fairly

By Nottage and Ward on October 15, 2023

Illinois is an equitable property division state. When a marriage terminates in divorce, all marital assets are subject to equitable distribution – meaning they are distributed fairly but not necessarily equally. All property and assets acquired by either spouse during the marriage are considered marital property, including retirement accounts. Dividing 401(k)s, IRAs, or other retirement accounts fairly can be a complicated and emotional process.

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Posted in: Divorce

Divorce and Student Loans: How Debt Is Handled in a Divorce

By Nottage and Ward on September 15, 2023

More than half of students who attend four-year college leave school with student debt, and the total amount of student debt continues to grow. Along with home and auto loans, student loans are among the largest types of debt that most people will take on during their lives.

Americans now owe over $1.75 trillion in student debt. According to Forbes Magazine, students in Illinois with student debt owe an average of $ 37,223.

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Posted in: Divorce

Divorce Mediation and Litigation: Which Do You Need?

By Nottage and Ward on August 20, 2023

If you recently decided to dissolve your marriage, you are likely aware that you have more than one option available. Depending on the specifics of your case, mediation or litigation may be more appropriate for you.

Mediation is a more collaborative approach to divorce that allows both parties to maintain more control over the terms of their divorce. It is designed for spouses who are willing to work with one another. If you and your spouse are unable or unwilling to cooperate, litigation is likely the only option.

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Posted in: Divorce

The Psychological Effects Divorce Can Have on Children

By Nottage and Ward on July 20, 2023

Divorce can have profound psychological effects on children. The extent of those effects may differ from one child to the next. However, there are specific measures parents can take to minimize the psychological impact of divorce on their children.

In the United States and other Western countries, the divorce rate has steadily increased since the 1960s. According to a paper from the National Library of Medicine, approximately 60% of children live in a household where their biological parents are married.

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Posted in: Divorce

Getting the Most Positive Child Allocation Outcome

By Nottage and Ward on June 20, 2023

Divorce or separation can be challenging for families, especially when allocating parental responsibilities and parenting time. Securing a positive child allocation arrangement is crucial for promoting the well-being of children both during and after the challenging process of separation or divorce.

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Posted in: Child Allocation

Maintaining Good Mental Health During Divorce

By Nottage and Ward on May 20, 2023

Divorce can be a difficult experience for everyone concerned. No matter the factors leading up to a divorce, it still means the death of a marriage. It can cause emotional pain and deep psychological distress that may prevent you from moving forward. For these reasons, it is critical to prioritize your mental health when you are going through a divorce.

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Posted in: Divorce

First Things to Do When You’ve Chosen Divorce

By Nottage and Ward on April 24, 2023

Getting a divorce can be agonizing for everyone involved, especially the two spouses and their children. Whether you saw it coming for a while, or if your partner made a sudden decision that caught you totally off guard, divorce is an emotional process.

As soon as you know that you’re headed for a divorce, it’s important to find a good Chicago divorce attorney right away. The decisions you make now will affect you and your children for the rest of your life. You’ll want to have an attorney by your side who will help protect you, your children, and your financial security.

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Posted in: Divorce

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