High-Asset Divorce

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...

Divorcing your spouse in Illinois is stressful enough. One of the factors why it is so is because you know it will have financial repercussions. However, there are things you can do to keep as many assets as possible before you get the final decree. Be realistic It's...

A divorce could become a complicated legal process, as both sides might not worth things out amicably. Once the spouses separate and the divorce finalizes, both parties could go their own ways. Unfortunately, reminders may exist of the dissolved marriage, creating...

As a growing number of people in Illinois invest in cryptocurrency, disputes over these assets have also become an issue for divorcing couples going through settlement negotiations or litigation. Asset division is often a contentious issue during a divorce, especially...

Most couples who enter into a prenuptial agreement prior to marriage do so in an effort to protect both party's assets. However, after a divorce, some people find that they do not like how the prenup ended up working for them. If your ex suddenly wants to contest your...

Business valuations can play a pivotal role in negotiations when navigating a high-asset divorce in the Illinois court system. It's vital to get it right the first time because today's errors can mushroom into tomorrow's financial headaches. What is a business...

During a long or particularly frustrating divorce, you may worry that co-parenting will challenge you in ways you cannot handle.  However, navigating post-divorce child care with your ex-spouse is not always stressful. Learning how to successfully communicate and...

One of the world's wealthiest couples, Bill and Melinda Gates, recently announced the end of their marriage after 27 years. In addition to Bill Gates' work as the founder and CEO of Microsoft, the pair founded the Bill and Melinda Gates Foundation in 2000 to support...

Whether the parties involved are famous or wealthy or both, a high-profile divorce puts added pressure on individuals. These divorces often attract the attention of both respected journalists and attention-seeking tabloids. All of this information, though, provides...

What are the biggest threats to your future after divorce? The first would probably be a spouse that wants more than a fair share of the marital estate. Divorce is complex in part because you get an opportunity to secure your post-marital life. One thing most...