If you are an investor, business owner or a high-net-worth individual in Illinois, asset protection is a must. Lawsuits, creditor claims, divorce and other risks can all cause significant financial losses. However, there are strategies available that you can use to...
When couples in Illinois begin the divorce process, they will need to divide their property. Not all property, however, gets divided. Separate assets, usually assets acquired before marriage, will often remain the property of the spouse who acquired it. Marital...
Divorce is a complex and challenging process, financially, mentally and emotionally. During this time, it can be very easy to forget to practice self-care, which is essential for anyone, especially people going through such challenging times. Practicing self-care is...
Your credit report contains information like your past addresses, Social Security number, and financial accounts. It does not include information on your marriage or divorce. However, Illinois residents would still be wise to pay close attention to their credit...
Divorce can be an obstacle course for Illinois mothers who have young children. One question that often arises is how working moms and stay-home moms fare in the aftermath of the split. Working moms after divorce For working moms, a divorce can bring significant...
When you own and run a business, it takes a substantial amount of time, effort and mental bandwidth to keep things running during the best of times. But during a divorce, things become even more complicated. Here are some things to keep in mind if you're going through...
Illinois parents who go through a divorce know how difficult it can be for them and their children. Things become even more difficult when the children blame one parent for the end of the marriage. If you find yourself dealing with this type of a situation, keep these...
Divorce is an arduous process that can impact many aspects of your life, including your tax liability. Understanding the tax consequences of divorce is essential for Illinois residents so that they can make informed decisions about their financial future. Filing...
Sometimes, divorce is the only option for married couples in Illinois who can't work things out. A divorce can bring about many life-related changes, especially those involving finances. Fortunately, knowing a few tips can help your financial situation remain stable...
Illinois couples going through a high-asset divorce have just as many concerns as those with an average financial situation. Two major issues of concern are property and debt division. This is what to expect while going through a divorce. Property division in divorce...
