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March 2018 Archives

Child custody and visitation schedules

When parents in Illinois separate, they may have to reach a custody agreement. In many cases, one parent has primary custody while the other has visitation rights to their child. A visitation schedule is the exact calendar of when the child will spend time with each parent.

Custodial interference is a bad choice

When Illinois parents are involved in a custody battle, acrimony and strong emotions can lead to making foolish decisions. One such bad decision is when one parent interferes with the other parent's custodial rights. People should know such actions are classified as custodial interference and can be prosecuted in criminal court with severe consequences for the offending party.

Things to keep in mind when dividing a retirement account

Couples in Illinois who need to divide a 401(k) or company pension plan will need to use a document known as a qualified domestic relations order. Otherwise, they may have to pay high taxes and early withdrawal penalties. A QDRO should be prepared by an attorney in consultation with the plan administrator.

Steps for financial protection in case of divorce

The possibility of divorce may not be the first thing on the minds of couples in Illinois who are getting married, but it might be a good idea to prepare financially all the same. For people who worry that this indicates a cynical view of marriage, one financial expert points out that it is not very different from the precautionary step of putting on a seat belt when getting into a car.

Litigation may not be right for your situation

The process of divorce is ugly. It can turn what was once love into hate and make you reconsider ever getting married again. Ideally, when pledging “for better or for worse” to your partner, you probably envisioned growing old together instead of being embroiled in a bitter battle over which piece of furniture belongs to whom.

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