In high-conflict divorces, one spouse may try to ruin the other spouse’s right to a fair division of assets. One partner will try to dissipate the marital assets to prevent the other from receiving them in the divorce settlement. As a high-income couple, your partner...
Month: September 2020
Creating pet agreements before or after a marriage
Illinois considers inherited or gifted assets acquired by an individual during a marriage as separate property. All other assets obtained during a marriage, however, belong to both spouses unless an agreement states otherwise. As noted by Forbes magazine, a prenuptial...