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Cashing Out 401(k)s And Other Retirement Accounts During An Illinois Divorce

By Russell Knight | December 15, 2021
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Withdrawal of 401(k) during divorce

Divorce attorney see their clients and their client’s spouse’s true finances. The truth is that most people have little in the way of assets outside of their marital home and their retirement accounts. When a divorcing couple’s assets are tied…

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Who Pays The Mortgage During An Illinois Divorce?

By Russell Knight | October 20, 2020
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Mortgage During Illinois Divorce

Mortgages typically consume 25 to 33 percent of a household’s total income. A mortgage is usually a household’s biggest expense. Additionally, mortgages are usually tied to a household’s biggest asset, the marital home. Failure to pay a mortgage means a…

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Temporary Maintenance In An Illinois Divorce

By Russell Knight | May 24, 2020
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Temporary alimony in Illinois

Earnest Hemingway was once asked, “How’d you go bankrupt?” Earnest replied, “Two ways, slowly and then all at once.”  That’s a lot like how a divorce works. Years of resentment and planning becomes tactics and strategy once the divorce is…

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Temporary Relief In An Illinois Divorce Case

By Russell Knight | April 13, 2020
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temporary orders in Illinois divorce

Every divorce case in Illinois starts the same way: a Petition For Dissolution of Marriage is filed, a Summons is served on the Respondent, the petition for dissolution of Marriage is answered by the Respondent…and then eventually the case is…

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