Posted on August 15,2023 in Divorce

Going through a divorce can be a challenging and emotional experience, but it does not have to be contentious. You can keep your Illinois divorce simple and amicable with the right approach.

Consider Counseling

One way to achieve an amicable divorce is by considering counseling. Counseling can help you and your spouse work through any unresolved issues and emotions and provide guidance on communicating effectively during the divorce process. This can be especially helpful if you have children.

Working with a counselor can help you and your spouse better understand each other’s perspectives and learn how to communicate respectfully and productively. This can help reduce conflict and tension during divorce and set the stage for a more amicable resolution.

Hire a Divorce Lawyer

Hiring an attorney early on can help you understand your rights and responsibilities under Illinois law and navigate the divorce process. A lawyer can advise on property division, child custody, and spousal support and help you negotiate a fair settlement with your spouse.

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 Posted on August 09,2023 in Chicago divorce attorney

When couples divorce, their assets, including retirement accounts, are subject to division. This blog post will discuss how retirement accounts are divided in Illinois divorce cases.

Retirement Accounts as Marital Property

In Illinois, any property acquired during a marriage is usually categorized as marital property and is subject to fair distribution in the event of a divorce. This includes various retirement accounts such as 401(k)s, IRAs, and pensions. The portion of the retirement account accumulated during the marriage is also usually deemed marital property, making it eligible for division.

Determining the Value of Retirement Accounts

Valuing retirement accounts is vital in the first step of dividing the account. You can start this process by obtaining statements from the financial institution that holds the account or by hiring a financial expert.

Dividing Retirement Accounts

Once the value of the retirement accounts has been determined, the court will decide how to divide them. In Illinois, marital property is divided equitably, meaning it is divided fairly but not necessarily equally. When determining the allocation of retirement accounts, the court considers various factors. These include the duration of the marriage, the contributions made by each spouse during the marriage, and their respective financial situations.

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 Posted on July 31,2023 in Divorce Finances

Going through a divorce in Illinois can negatively impact your credit if you are not careful. Following key steps can help minimize damage and keep your credit score healthy during a divorce.

Review All Joint Accounts

Pull your credit reports and review all joint accounts with your spouse, such as:

• Mortgages
• Auto loans
• Credit cards
• HELOCs/home equity loans

Look for any missed or late payments that may already be affecting your score. Also, assess available credit limits and balances.

Create New Credit in Your Name

Open a new credit card account and/or arrange a 12-month personal loan in only your name. Making on-time payments builds your individual credit history. Just do not take on more debt than you can handle.

Divide Joint Credit Card Debt

If you have jointly held credit card balances, ask the issuer to split them into two individual accounts, with each spouse responsible for their portion. This keeps future charges or missed payments from affecting you.

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 Posted on July 27,2023 in Chicago divorce attorney

Your financial decisions before filing for divorce can have important implications for your future. Taking certain steps can help protect your assets and build a healthy financial life after divorce. If you are considering filing for divorce in Illinois, here are some key financial steps to take beforehand.

Review Your Credit Report

Pull a copy of your credit report and review it for accuracy. Be sure to check for any unauthorized credit cards or loans taken out in your name. Also, confirm your spouse has not missed payments on any joint accounts that may damage your credit score. Dispute any errors with the credit bureaus.

Open Your Own Bank Accounts

Open checking and savings accounts in your name if you share joint marital accounts. Make sure earnings from your job are directly deposited into your personal account moving forward. Close joint credit cards, or remove your spouse’s name if you want to keep the card.

Consult with a Divorce Financial Planner

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 Posted on July 21,2023 in Chicago divorce attorney

For those over 50, starting over after a long marriage can feel daunting. However, later-life divorce has become increasingly common. The divorce rate for U.S. adults ages 50 and older has increased considerably since the 1990s.

If you are contemplating divorce at this stage, consider how it will impact finances, health care arrangements, retirement plans, and more. With proper planning and professional guidance, you can minimize disruptions and safely transition to your new single life.

Review Your Finances Thoroughly

A top priority is re-evaluating your overall financial situation if divorcing later in life. This includes:

• Updating beneficiary designations on retirement accounts, life insurance policies, and bank accounts previously naming your former spouse.
• Understanding any impacts on Social Security benefits if you may qualify for benefits through your ex-spouse’s record.
• Dividing marital assets equitably. This includes your home, vehicles, savings accounts, stock portfolios, and valuables.

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 Posted on July 18,2023 in No Fault Divorce

Going through a divorce is undoubtedly difficult, but being civil with your soon-to-be ex-spouse during the process can benefit everyone involved. Here are some tips for keeping things as amicable as possible when divorcing in Illinois:

Communication Tips

Friendly separation can be fostered by having open and respectful communication. Always speak politely in exchanges with your ex, even when emotions run high. Listen actively to their perspective and try to understand their feelings before reacting. Be willing to compromise when possible to resolve disagreements. Keep conversations focused on divorce matters rather than rehashing old grievances from the marriage.

Mediation

Divorce mediation allows you and your spouse to work through conflicts with the help of a trained, neutral third party. The mediator facilitates productive discussions and helps you reach fair compromises. Mediation can be a constructive way to shape your divorce agreement together rather than leaving it in the hands of the court. It is typically faster and less expensive than litigation.

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 Posted on July 14,2023 in Chicago divorce attorney

If you cannot find your spouse, getting a divorce in Illinois may be difficult. However, you should know that it is still possible. This article will explain the necessary steps for filing for divorce under Illinois law when your spouse is missing.

Attempting to Find a Missing Spouse

Before proceeding with a divorce, you must genuinely try to locate your spouse. This may include contacting friends, family members, employers, or others who may know your spouse’s whereabouts. You must list all of your attempts to locate your spouse in an affidavit of diligent search.

Divorce by Publication

If you have exhausted all options to find your spouse and still cannot locate them, Illinois law allows you to serve a divorce notice through a process called "Service by Publication." This involves publishing a notice of the divorce in a local newspaper once a week for three consecutive weeks. Once the notice has been published and your spouse remains unresponsive, you can petition the court to issue a decree of divorce.

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 Posted on July 10,2023 in Divorce

It can be difficult to go through a divorce. Mix in dealing with a spouse who battles with addiction makes it even harder. This blog post provides guidance on what to do when navigating a divorce in Illinois under these circumstances. Topics covered include grounds for divorce, child custody, alimony, and asset division.

Grounds for Divorce

A marriage can be ended based on irreconcilable differences in Illinois when it has resulted in the irretrievable breakdown of the marriage. Substance abuse does not need to be proven as a specific reason for divorce in this state.

Child Custody

The court prioritizes the well-being of the child in child custody cases. If your spouse's addiction puts your child at risk, the court may limit their parenting time and decision-making authority. Your spouse may be required to cease using or having drugs while spending time with the child and attend a substance abuse program. It is important to provide evidence of the addiction's impact on your child to the court.

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 Posted on June 30,2023 in Divorce

Divorce is an emotionally challenging process, and it is crucial to understand the legal aspects involved to navigate it effectively. One commonly asked question is whether it matters who files for divorce first in Illinois. This blog post will explore the implications of being the first to file for divorce in Illinois, shedding light on the legal considerations that may arise during this crucial decision.

Does it Matter if You File First?

In Illinois, it makes no difference who initiates the divorce process because it is a no-fault divorce state. This means neither person has to provide a reason for the divorce other than "irreconcilable differences." Therefore, filing first does not provide any legal advantage.

However, being the petitioner has certain benefits, such as starting the case in the county you prefer if the parties live in separate counties. From a legal standpoint, filing for divorce before your spouse does has little official advantage. The decision to file first is more about confidence and strategy.

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