Illinois residents who are going through a divorce or contemplating one might be interested in learning about some of the worst financial mistakes someone going through a divorce can make. To start, any spouse who does not keep track of the family finances may be at a disadvantage. However, it is important for both spouses to understand their past and current financial positions in order to make an easier transition.
An effort to modify a child support order in Illinois may only be made if a state court has already entered an order in the case in question. If this is the case, then one parent may serve another by mail in connection with a request for a modification. Before a parent can be notified, however, it is important to begin the modification process through preparation of appropriate legal forms.
To file for divorce in Illinois, one spouse must be a resident of the state for at least 90 days prior to filing. Those who are in the military and have been stationed in the state for at least 90 days may also file in Illinois. Furthermore, the divorce will be filed in the county where residency has been established.
Custodial parents who receives help through programs such as AABD Cash, AABD Medical, TANF, Family Assist, Parent/KidCare Assist or KidCare Moms and Babies are required to cooperate with child support enforcement activities. Cooperation means that the custodial parent provides information that can help establish paternity of children receiving assistance. A parent must be willing to testify in court, assist in finding the non-custodial parent or appear to give written or verbal information.
A couple considering the end of a marriage may be interested in understanding uncontested divorce proceedings. In a no-fault divorce, irreconcilable differences is generally cited as the basis for the action. In a fault divorce, a number of grounds for divorce may be cited, including issues such as adultery, physical or mental cruelty, drug addiction or conviction of a felony. In either type of situation, a divorce may be contested or uncontested. The most efficient option for moving through the court system quickly is a no-fault, uncontested case.
Forensic accounting is the practice of looking at paperwork and finding irregularities or evidence of fraudulent conduct. It is often used when auditing companies, but it may also be used during property division in cases of contentious divorce where large amounts of assets are jointly owned. It is especially useful when a business or businesses are owned by parties in the divorce as this may be a way that one spouse "hides" money from the other spouse or masks an income.
Illinois is a signatory to the Uniform Prenuptial Agreement Act. The recent divorce between Citadel Funds founder Ken Griffin and his wife Anne Dias-Griffin has seen her challenge the prenuptial agreement the couple signed in 2002.
In Illinois and other states, there are significant differences between an annulment and a divorce. An annulment is distinct from a divorce in that it operates to make it as if the marriage had never occurred, while a divorce simply ends the marriage. In some ways, though, the two actions are practically very similar. Both are court orders that essentially dissolve a marriage.
In Illinois, a formula is used to determine the amount of child support that should be awarded. This formula primarily factors in the income of the parent who will pay the support and the number of children. Support continues in Illinois until the child turns 18, gets married, joins the military or otherwise does not require the support.