Uncontested Divorce Attorneys Do you and your spouse just want a quick and relatively painless end to your marriage? Do you agree on how to divide your property and time with your children? Do you agree with the payments of support? If you answered yes to these questions, you may be eligible to file for…
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How Divorce Could Change Your Will
Divorce doesn’t just change your relationship status—it also affects your financial future in ways many don’t anticipate. While dividing assets and settling debts might be at the forefront of your mind, one crucial area often overlooked is your will. If your will was created while you were married, chances are it names your ex-spouse in……
Can I Write Off Spousal Support Payments on My Taxes?
Divorce brings enough financial changes without the added confusion of shifting tax laws. If you’re paying or receiving spousal support, it’s important to understand how these payments affect your taxes, especially in light of recent changes. Under the old rules, spousal support payments were deductible for the payer and taxable for the recipient. However, for……
Divorce and Small Business Owners
Divorce brings unique challenges for small business owners. You face the emotional toll of a marriage ending, and your business may also hang in the balance. When personal and professional lives intersect, untangling them involves more than just splitting assets. A divorce can risk business ownership, cash flow, and future growth. Navigating this process requires……
Can a Child Choose Which Parent They Want to Live With?
When navigating the complexities of child custody, one question often arises: can a child choose which parent they want to live with? This topic is especially relevant for families in Barrington, Illinois, where understanding local laws and the factors that influence custody decisions is crucial. Let’s explore the details surrounding this important issue. Reach out……
Common Misconceptions about Prenups
Prenuptial agreements have a bad reputation, largely because of common misconceptions. Many believe these agreements are only for the wealthy or that they signal a lack of trust between partners. In reality, a prenup is simply a practical tool for clarifying financial matters before marriage. Misunderstanding what a prenup does—and doesn’t do—prevents many couples from……
Do I Need an Attorney to Get a Divorce?
Yes. Let’s go over why you need to work with a divorce lawyer and what a divorce lawyer can do for you. If you’re considering divorce or in the early stages, talk to a divorce lawyer to understand your options. A divorce lawyer can give you advice tailored to your circumstances and protect you during……
Financial Issues to Consider During Divorce
Divorce can present some of the greatest challenges in your life, and navigating the financial aspects can add another layer of complexity. If you face a divorce in Illinois, a Barrington divorce and separation attorney who understands the financial implications will help you make informed decisions about your future. This blog will guide you through……
Dividing Assets in a Divorce
When divorcing, dividing assets is usually a major concern for spouses. It’s part of financial concerns that can last for many years. Your divorce lawyer can make sure that the process goes smoothly and that you get what you deserve. Find a Compromise When you divide assets in a divorce, start by understanding what……
How Much Spousal Support Can I Expect to Receive?
If you’re facing a divorce in Illinois—and you didn’t work while married or made substantially less than your spouse–you may be wondering, “How much spousal support can I expect to receive?” This question is common and understandable, as the financial implications of divorce can be significant and far-reaching. Spousal support, referred to as “maintenance” in……