When Chicago couples split, they must split their marital assets as well. This process can be arduous for anyone, but it is especially difficult for high asset couples. Today we will look at the issue of asset hiding. It can be even more common among those with high...
Month: January 2020
How does the court determine who gets custody?
Divorcing parents in Illinois will eventually have to deal with child custody matters. It is common for parents to disagree. Sometimes, it is impossible for parents to reach a mutual understanding. In these situations, the court will often make custody decisions for a...
How to protect your business in a divorce
Money is a central question in any divorce. Who gets the house? How are the marital assets divided? The stakes are even higher – and more complex – when either spouse owns a business. It is likely your spouse was a supporter of your business as an active participant...
Dividing up a 401k
Every person seeking a divorce in Chicago goes in prepared to work through their property division with their ex-spouse; not every person, however, anticipates that their 401k's will be included amongst their marital assets. Yet as contributions made to a retirement...
Are pets property in a divorce?
Divorce is a difficult time for anybody going through it. However, an often-overlooked factor of divorce is the non-human entities that may have to deal with the consequences. While issues related to child custody are well-documented in Chicago divorces, dealing with...
