Family Lawyers Who Mean Business

Recognizing unreasonable divorce demands

As an Illinois couple considers a divorce, financial issues and child rearing can be some of the most contentious matters under the scrutiny of both parties, their lawyers, and the court system. In trying to avoid litigation, an individual might suggest negotiating an agreement without legal help in order to save money on fees. Alternative…

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Safeguarding a child’s college savings during divorce

An Illinois parent who is going through a divorce might worry about the future, especially with regard to finances. Even those who have saved carefully can see their resources decimated in contentious situations, especially if litigation is focused on minor issues. The best interests of one’s children might be the goal of all parties involved,…

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Antonio Banderas and Melanie Griffith divorce

Illinois fans of actors Antonio Banderas and Melanie Griffith may have known that the couple was divorcing. On Dec. 4, that divorce was finalized after nearly 20 years of marriage and about a year and a half after they publicly announced their split. Banderas will pay Griffith $65,000 per month in spousal support for a…

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The use of forensic accountants in high-asset divorces

There has been an increase in the use of forensic accountants, particularly among very wealthy people. While Illinois business owners often employ them if they feel that something is amiss with the company’s financial picture, many wealthy couples use them to review marital assets during divorce proceedings and determine exactly what they are worth. High-asset…

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The division of property in a divorce

In several states, property division is based on community property rules. Under this principle, property obtained during the marriage is deemed to be owned jointly by the spouses, and thus during a divorce, these assets will be divided equally between the two parties unless they otherwise agree. While Illinois is not a community property state,…

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Financial preparation tips for divorce

Illinois couples dealing with the prospect of divorce may find that money is one of the most significant areas of focus as the terms are negotiated. In addition to dealing with child custody and property division, there is a need to consider how this life change will affect one’s standard of living. In many cases,…

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Divorce considerations for professionals in Illinois

Illinois couples have to cope with a number of difficult and potentially contentious issues during a divorce, but professional couples have even more to consider. Matters such as alimony, child custody and property division often lead to vigorous and emotionally charged discussions, but doctors, lawyers, architects and accountants must also determine the value of a…

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After divorce, some family-run businesses thrive

Any Chicago couple that has gone through divorce knows that property division is a major factor. Unraveling your intertwined lives to decide who gets what, however, is rarely easy — especially when you have a family business at stake. Millions of married couples in this country operate small businesses, but if their relationship sours, they…

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