Divorce in Illinois is the legal process through which those who have previously shared a life together separate their legal and financial circumstances. Property division is typically one of the most challenging components of an Illinois divorce. Spouses often have a...
Family businesses can help people maintain a relatively robust standard of living. If the company is small, one spouse might initially work there alone, but they may tap into their spouse's skills to support the organization as it grows. It is common for both adults...
Divorce is a challenging journey, especially when children are involved. It is not uncommon for one or both parents to struggle with mental health issues. One out of every five Americans lives with a mental illness. That is a significant portion of the population and...
The ways that people tend to approach their interpersonal relationships have changed greatly over the years. One notable trend related to this shift is the so-called “gray divorce” phenomenon. The name is a nod to the fact that divorce rates are dropping for folks...
Negotiating property division matters is a challenge during most Illinois divorces. In general, everyone preparing for divorce wants as much as they can keep from their marital estate, and many people set wholly unrealistic expectations as a result. For example, some...
Someone who starts or inherits a business will usually want to see that company grow. It will often be necessary to reinvest the income derived from running a successful business into the company if someone wants to maximize the profitability of the organization....
You may have heard that “forewarned is forearmed,” and that’s especially true when it comes to a divorce. If you have some idea in advance that a divorce may be in the works, you can better prepare yourself for the future. It’s a lot harder when you’re blindsided to...
Years of combining income and resources can make the process of divorce quite difficult. Couples may struggle to find a reasonable solution for property division and financial equity, especially when there is a significant disparity in earning potential or separate...
Going through a divorce is a difficult situation that becomes even more complicated if you own a family business. There’s a chance that the divorce will affect the fate of the company, so you should think about that when you’re handling the property division. You and...
Saving for retirement is always a race against time. You want to put as much as you possibly can aside while making use of income tax incentives so that you can enjoy a comfortable standard of living both now and during your retirement. You may have plans to spend...
