CHICAGO DIVORCE LAWYER ARTICLES
"If you can't explain it simply, you don't understand it well enough." - Albert Einstein.
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When you’re getting married you hear the words “”Til Death Do Us Part.” When you contemplate divorce, you don’t want your current spouse to have anything after you die. So, how do you disinherit a spouse in Illinois? A Divorce Automatically Disinherits A Former Spouse After a divorce, a spouse is automatically written out of any existing wills. “No will or any part thereof is revoked by any change in…Read More
Trust funds are way to set aside money for a specific purpose. Trusts are especially useful for applying money for the benefit of someone who cannot manage the money themselves such as a child. A trust is “an equitable or beneficial right or title to land or other property, held for the beneficiary by another person, in whom resides the legal title or ownership, recognized and enforced by courts of…Read More
Divorce is the end of a relationship but the relationship is rarely truly over. During a divorce, the marriage is still unwinding as parties arrange schedules with their children, divide assets and debts and arrange for support. During the divorce, the parties may have their own divorce attorneys who communicate with each other regarding the divorce. These divorce lawyers’ communications will be formal, direct and expensive. So, are you allowed…Read More
While adultery and betrayal can be central to any divorce, there seems to be no greater betrayal than financial betrayal. Illinois, while being a no-fault state for divorce, does recognize financial betrayal and takes strict accounting of extreme financial malfeasance on the part of either spouse. This accounting of marital moneys spent on girlfriends, boyfriends, drugs, gambling or other non-marital purposes is referred to as a “dissipation of assets.” What…Read More
Tax refunds can be afterthought in an Illinois divorce. Maintenance, child support and the division of assets and debts will dwarf the money the at the U.S. government owes one or both parties to an Illinois divorce. Still, money is money and someone is going to get that last tax refund. So, who gets the tax refund in an Illinois divorce? Filing Jointly During An Illinois Divorce Spouses may file…Read More