Splitting Stock Options in a Divorce
Dividing property and assets in a divorce is complicated and often messy. Both spouses may bristle at the thought of losing assets or part of their financial nest egg. In complex divorces, couples may own stock options. These options are often difficult to divide fairly and can be a major source of contention in the…
Read MoreHow Long to Wait After Separation to Divorce?
If you and your spouse are considering divorce, you may wish to consider a legal separation first. In Illinois, married couples have the option to file for divorce immediately on the grounds of irreconcilable differences or seek a legal separation. This law changed in 2016. Prior to 2016, Illinois couples had to live separately for…
Read MoreWho to Call if Your Former Spouse or Partner Isn’t Paying Child Support
Paying child support isn’t optional. It is a required part of any divorce judgment in the state of Illinois when a marriage dissolves and involves minor children, and in any percentage matter. However, even though it may be necessary, it can be a spot of major contention for those going through a divorce. Former spouses…
Read MoreWhat is the Difference Between an Allocation of Parenting Responsibilities and Parenting Time?
When couples end their marriage, one of the most contentious areas of the divorce process involves the allocation of parenting time and parenting responsibilities. While the goal of every divorce is to reach an amicable agreement that is in the best interests of the children, this isn’t always easily achieved. In 2016, a new Illinois…
Read MoreReasons to Consider a Prenuptial or Post-Nuptial Agreement
Money issues and communication troubles are two of the top three reasons most couples get divorced. As such, planning for the future and for any complications down the road may be the best way to provide both parties with peace of mind and prevent disastrous and painful divorces. There are multiple ways a couple can…
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