Getting a divorce in Illinois is sometimes the only option for unhappy married couples. Certain working adults, especially those in the medical field, sometimes have higher divorce rates than other professions. If you're a physician going through a divorce or you feel...
High-Asset Divorce
What makes an LLC beneficial for divorcing adults?
Going through a divorce in Illinois is rarely a stress-free experience. Often, much of someone's divorce-related stress involves assets. Understandably, most people don't want to lose significant assets to their former spouses. Some divorcing individuals have asset...
Divorce and Finances: Strategies for Safeguarding Your Assets”
If you think that your marriage is coming to an end, there are steps that you can take in an effort to preserve your assets. It may also be wise to think about preserving assets such as a car or Illinois home before getting married or before you or your spouse begin...
Using a domestic asset protection trust before a divorce
One of the more contentious aspects of divorce is the division of assets. Establishing protections for your property before a divorce occurs is preferable, and one way to do this is through a domestic asset protection trust. While Illinois does not allow them, you...
Can you protect your assets with a postnuptial agreement?
Many people are familiar with prenups. However, they might not be as familiar with postnuptial agreements, which serve a similar purpose but are signed after the wedding. This type of agreement might be something you and your spouse in Illinois are considering if you...
Protecting your assets before a divorce
Divorce can be a traumatic event for the emotional health of both parties But it can also be debilitating for a couple's finances. Both spouses often have to pay thousands of dollars in a process that could take months or years. Illinois business owners and other...
Can a trust protect your assets before getting divorced?
Going through a divorce in Illinois is often challenging for formerly married adults. One difficult aspect of divorcing involves your assets. Fortunately, a trust can sometimes offer the asset protection you seek. Placing your assets in a trust One potential way of...
Safeguarding your assets pre-divorce
Amid a divorce's emotional turmoil, it's essential to consider pre-divorce asset protection strategies to safeguard your financial well-being. Proactive steps you take before divorce proceedings can help ensure a fair asset distribution in Illinois while minimizing...
How to protect your art collection during divorce
It's no secret that getting divorced in Chicago can be stressful and emotional, especially when high-value assets are on the line. This is why divorcing couples need to understand how the law works to protect their assets. When it comes to high-asset divorces, art...
Tips to manage your finances before, during and after divorce
Ending a marriage in Chicago can be an emotionally and financially difficult time. With all the legal and financial decisions, taking the necessary steps to protect your assets throughout the divorce process is essential. Before divorce To ensure you are protecting...