A home can mean many things for a family: shelter, an investment, a place to raise children, and even a workplace. If you and your spouse decide to separate, it can also be a source of conflict if you cannot agree on what to do with your home. Is it possible to...
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Divorce
What happens to stocks in divorce?
Many people spend significant time, money, and effort building a solid stock portfolio. Divorce can significantly impact such investments. It is important to know how the court may handle your investment portfolio, stock options and restricted stock. Timing is...
Is my spouse hiding assets during our divorce?
You cannot get a fair share of the assets in your divorce if you are not aware of everything you and your spouse own. Although you are required to disclose all of your income and assets during divorce proceedings, some people still try to conceal them. If your spouse...
Divorce rates are dropping, but “gray divorce” is rising: Why?
Whether you call it a “diamond divorce,” a “silver splitter” or “gray divorce,” one thing is certain: Your odds of getting a divorce when you’re 50 years of age or older is actually now higher than ever. As a whole, the overall divorce rate has been declining in the...
Older, childless couples still face many issues when divorcing
Contrary to popular belief, later-in-life divorces without children are rarely easy. Although an older couple may not have children, they likely have many other issues that have to be addressed in a divorce. They may face other matters like health conditions that...
How do you answer an Illinois divorce petition?
Whether or not you want a divorce, your spouse has decided that it’s time to end the marriage. What is this process going to look like? First and foremost, the divorce papers should be legally served to you. When they get delivered, you are officially beginning the...
Reasons to consider mediation for your divorce
The prospect of going to court to settle your divorce can be worrying. Many couples are choosing to forego this option altogether. Instead, they are choosing to resolve matters through mediation. Divorce mediation has many benefits Here are some of the reasons that...