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Taxes and Divorce

By Russell Knight | May 4, 2019
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Divorce and taxes

Whenever money is being transferred there is a possibility of taxes.  Perhaps there is no bigger transfer than the transfer of assets and income during divorce.  Therefore, taxes and divorce must be considered together when negotiating and finalizing a dissolution…

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What Happens If My Husband Or Wife Dies During My Divorce?

By Russell Knight | October 23, 2018
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Death and divorce

Divorces can take years and there is always the possibility that a party in a divorce case may die during the divorce.  This means the divorce will not be finalized and then the marital estate remains unsettled and undistributed. What…

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Life Insurance and Divorce in Illinois

By Russell Knight | October 21, 2018
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Is life insurance required in a divorce?

Life insurance is an insurance against a person’s life in that it pays out money upon the death of the person.  People typically purchase life insurance to support their family if, God forbid, they are no longer able to support…

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Social Security and Divorce in Chicago, Illinois

By Russell Knight | October 3, 2018
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Social Security Disability Insurance and Divorce

Social Security and divorce have interesting effects on one another in Illinois. Social Security is the United States’ federal government’s system for making regular payments to people if they are disabled and/or elderly. People who are getting divorced and also…

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How Do I Know If My Prenuptial Agreement Will Be Enforced In Chicago, Illinois?

By Russell Knight | September 29, 2018
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Prenup Lawyer

When two people get divorced in Illinois, they follow the procedures of the Illinois Marriage And Dissolution of Marriage Act to determine what will happen to their assets and incomes upon entering the final judgment of dissolution of marriage. In…

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How Will My Retirement Or My Spouse’s Retirement Effect My Chicago, Illinois Divorce?

By Russell Knight | May 19, 2018
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Divorce law in Illinois is largely written for couples with two working adults who may have children.  Illinois divorce law doesn’t explicitly consider retirement and divorce.  But, many principles can be derived from the statutes and case law so that…

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In Chicago, Illinois, How Do I Live In The Same House As My Spouse During My Divorce?

By Russell Knight | February 3, 2018
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Living with someone else isn’t easy.  Living with someone who you are divorcing is even harder.  How do you live in the same house as your spouse during an Illinois divorce? My divorce clients first questions are usually, “should I…

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My Cook County Marriage Certificate Might Be Invalid. What Do I Do?

By Russell Knight | January 3, 2018
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Bad Marriage Certificate

In Illinois there is a great deal of law as to what makes a marriage valid. 750 ILCS 200 et al. A marriage license must be applied for, a marriage must be solemnized and the marriage license must be recorded…

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My Husband or Wife is supported by their parents. Does that affect my maintenance or child support in my Chicago divorce?

By Russell Knight | December 30, 2017
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Parental support

Often, during the pendency of a divorce the couple find themselves supporting two households and trying to maintain the standard of living for both of the households while having just one income.  In the absence of assets to live off,…

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How Will The New Tax Law Affect Maintenance (Formerly Known As Alimony)

By Russell Knight | December 28, 2017
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Before the new tax law was passed by Congress and signed into law by the president on December 20, 2017, 26 U.S. Code Section 71(a) read “Gross income includes amounts received as alimony or separate maintenance payments” which mean that the…

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