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Stock Options And Divorce In Illinois

By Russell Knight | June 16, 2020
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Divorce And Stock Options In Illinois

The term “stock options” has a certain mystique. Stock options seem like sophisticated financial instrument for the rich and about-to-be-rich…and they kind of are.  The problem with sophisticated financial instruments like stock options, is that they are hard to divide…

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Dating During Divorce In Illinois

By Russell Knight | June 13, 2020
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Illinois Divorce And Dating

Many people don’t wait for the divorce process to officially end before dating.  The wisdom of dating during a divorce in Illinois is debatable.  If you or your spouse are actively dating other people while unwinding your relationship through an…

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Airline Miles And Divorce In Illinois

By Russell Knight | June 7, 2020
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frequent flyer miles and divorce in Illinois

In an Illinois divorce every object or conceptual thing the couple owns, either together or apart, can be divided. Physical objects like paintings, animals, cars, houses, and photo albums can all be allocated in an Illinois divorce. Non-physical items such…

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Is It Better To Be Legally Separated Or Divorced In Illinois?

By Russell Knight | May 20, 2020
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Should you separate or divorce in Illinois?

When you are considering leaving your spouse in Illinois, you have options.  You can get a divorce or you can get a legal separation from your spouse in Illinois.  Is it better to be legally separated or divorced in Illinois?…

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Student Loans and Divorce In Illinois

By Russell Knight | May 13, 2020
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student loan debt and Illinois divorce

Everyone knows that you split the assets in a divorce but people rarely consider that you also have to split up the debts.  Usually debts are associated with an asset like a house and a car so whoever keeps the…

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Buying A House During A Divorce In Illinois

By Russell Knight | April 21, 2020
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Buying A House During A Chicago Divorce

Divorce takes a long time but life still goes on.  People get separated and want to start their new lives without their spouses.  This always means moving out but to where?  An apartment?  A rental house in the same school…

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Gambling And Divorce In Illinois

By Russell Knight | April 18, 2020
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Divorce and Gambling in Illinois

After having divorced over a thousand people, I’ve found there’s usually an underlying issue in every divorce.  Whether it’s a sex issue, a substance issue or a personality disorder, there’s usually an issue that is so aggravating to the marriage…

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Guns, Firearms and Divorce in Illinois

By Russell Knight | April 17, 2020
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Divorce and Guns in Illinois

In America you have the right to own a gun…under certain conditions based on local, state and federal law.  Once you get divorce, or start to get divorced, the conditions of your gun ownership have an additional layer…the clauses of…

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Getting Divorced While Renting In Illinois

By Russell Knight | April 12, 2020
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divorce and rent

36 % of people nationwide rent their home instead of owning their home.  In Chicago, the percentage of renters is even higher at 51.5% of people being renters.  So, while we know houses get divided in a divorce what happens…

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Credit Card Debt And Divorce In Illinois

By Russell Knight | April 11, 2020
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Credit Card Debt and Divorce in Illinois

There are many kinds of debt that people can hold when they are going through a divorce: home mortgages, auto loans but the most common is credit card debt.  Credit card debt can be in one spouse’s name or both…

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