Bill Gates famously innovated the technology world, making him one of the wealthiest people in the world. The financial consequences of divorce with his wife Melinda might provide insights to those concerned about asset distribution when an Illinois marriage falls...
The Bill and Melinda Gates divorce was one of the highest-profile separations of 2021. Their split got enormous media coverage as did the financial assets divided up between them. The financial impact of the Gates's divorce Many couples going through the divorce...
When deciding a child custody case, the court looks at many factors to determine which parent and home would be most appropriate. A parent's financial situation plays a part, as the custodial parent has to pay for many expenses related to child care. That said, an...
Modern same-sex laws in the U.S. are more favorable for allowing LGBTQ couples to raise children than in the past. Gay couples in Illinois have a wide range of options available to them whether they want to have biological children or raise other non-biological kids....
It is not uncommon for people who are getting divorced to worry that their spouse is going to get an unfair share of the assets. However, there are other financial implications of divorce that many people fail to consider. What are some expenses that come with a...
Your tax liability in Illinois is dependent on your marital status. It's even more important during a high-asset divorce to put tax liability into perspective. One spouse may end up with more assets, and one might leave with less than they initially had. Your...
Illinois residents who’re going through a divorce must handle a lot of pressing questions regarding property and joint assets. But one of the most pressing of all questions that couples must answer is who gets the pet. Pets are beloved family members, regardless of...
Every divorce in Illinois is unique to the individuals involved. However, there are some things that you shouldn't do no matter your situation. Let's look at the common divorce settlement mistakes that people make and how to avoid them. 1. Hiding assets or failing to...
IVF can be an expensive and challenging medical procedure, but for many couples, it is the only way to have a baby without adopting. Adopting itself can also be a very lengthy and costly process. In Illinois, new legal changes starting in 2022 are making IVF more...
Even if ending your marriage is the right decision, your divorce may be hard on your kids. After all, children with divorced parents often experience anger, depression, anxiety and even academic decline. Providing structure and stability may help you combat many of...
