Month: January 2020

It isn't uncommon for Illinois residents and others to turn to their IRAs or 401(k) balances to help pay for costs related to their divorces. However, individuals may be diluting the value of their accounts by accessing them before the age of 59½. This is because the...

People in Illinois who are going through a divorce may be surprised to learn that their spouse has debt or assets they did not know about. According to a study by Fidelity Investments, 10% of participants found out during the divorce that a spouse had hidden assets,...

Do you think that there is no way to avoid spending a fortune on your divorce? Feel as if you have no other option than to fight your ex tooth and nail over every lamp or area rug? Think again. These days, some former couples making their way through divorce find that...

Lots of Illinois residents are familiar with how a prenuptial agreement works. It is a legal document that's designed to protect a person's assets in case they divorce in the future. Not everyone, however, is familiar with a postnuptial agreement. A postnuptial...

Since 1990, the divorce rate for couples 50 and older has doubled. Divorces can have both a financial and emotional impact on Illinois residents and others who go through them. Research has shown that those who have ended their marriage may be at a greater risk of...

Coming to terms with the very fact of divorce is enough stress to handle. You may find the prospect of facing a tough courtroom battle wholly intimidating. Negotiation is an option to consider. There are a number of benefits, starting with the location: You and your...