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Posts tagged "Divorce"

How to divide a retirement account in a divorce

Illinois couples who are getting a divorce might need to divide one or more retirement accounts as part of the process of property division. However, they should be aware of any taxes or penalties associated with the accounts. These differ and have different requirements based on the type of account.

Pitfalls when divorcing near retirement

Illinois residents who are older than 50 might be more likely to get a divorce than younger couples. Studies show that while divorce is down among most age groups, older adults have a higher divorce rate than they did 20 years ago. Divorcing at this age can present some unique challenges.

Why divorce can be more complicated for businesswomen

When female entrepreneurs in Illinois head to the altar, divorce is usually the last thing on their minds, and the same can be said about women who decide to start their own business endeavors during their marriage. Whether a spouse takes on the role of a sole entrepreneur or chooses to let her husband become a business partner, chances are that this situation may complicate matters when a marital separation looms in the future.

How divorce may affect children

Illinois parents who are thinking about ending their marriage might have heard that doing so can increase the risk of divorce for their children. It may also increase the likelihood that the children will develop emotional problems or not go to college. However, there may still be circumstances in which getting a divorce might be the better choice.

Divorce reasons include infidelity, addiction

Some couples in Illinois who are getting a divorce may be doing so for one of a number of common reasons. For example, a couple might get a divorce because of infidelity. This could be emotional or physical, and it could be ongoing or a one-time incident. Another reason a couple may get divorced is because of money problems. This may not just be about not having enough money. It could also be over how money is spent or even a husband being upset that his wife makes more than he does.

Online dating can help build happier relationships

Many people in Illinois meet their partners through online dating, one of the most popular means for people to find romance. There are a number of dating sites available as well as smartphone apps geared to particular interests. From Tinder to Match, from OK Cupid to Bumble, the wide array of dating sites and applications allow interested people to make profiles and seek out potential partners whose interests and attractions match theirs.

Certain factors linked with higher chances of divorce

The individual circumstances driving Illinois couples to end their marriages vary, but, when researchers look at large groups, interesting risk factors emerge. Issues as diverse as divorced parents, educational achievement, gender of first child and physical appearance appear to influence the likelihood of people getting divorced.

Recognizing the signs that a divorce might be the best option

As many Illinois couples know, making the decision to get a divorce is very difficult. Marital issues tend to evolve over a long period of time, and while a neutral party could look at the marriage and see what's wrong, those in the middle of the relationship have spent a long time adapting to the problems. However, there are some scenarios that can be taken as indicators that it is time for a marriage to end.

Strategies to ease the headache of a toxic divorce

Individuals going through a divorce in Illinois are likely to experience heartache and conflict even in the best of cases. However, those who are divorcing a toxic spouse could have it a lot worse. When it comes to divorcing a narcissist or high-conflict individual, there are a few ways to remove the toxicity from the process.

Divorce more likely for people in certain professions

Illinois workers who have jobs in the transportation or nightlife industry may be more likely to get divorced. Furthermore, the divorce rate of people who work in math or science may be lower than the national average, according to a study presented by FlowingData based on the 2015 American Community Survey.

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