Once you separate emotions from the day-to-day aspects of divorce, you may find that the process boils down to dividing up your assets and debts. For many former couples, the equity they have in their shared home is among their most significant assets, so figuring out how to divide it up is a critical step […]
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The state of Illinois is an equitable distribution state when it comes to division of property during a divorce. A common assumption is that this means things are split equally or 50-50. However, this is not the case. Equitable distribution means that assets are divided fairly, not split down the middle. So how does the […]
Continue readingSocial media and networking sites generally promote connecting people. While social media is a great way to stay connected with old friends or meet new people, sometimes people can get themselves into trouble by looking to start new romantic relationships through social media while they are still married. While something like connecting with an old […]
Continue readingAs you go through your divorce, it is normal to feel overwhelmed. However, when dealing with an abusive spouse during a divorce, the tension might be more intense. Because of the strong likelihood that the domestic abuse will heighten, it is essential for you to take legal measures. Domestic abuse varies from being physical, psychological, […]
Continue readingOnce you are of the right age to qualify, you might be entitled to receive social security benefits from your retirement plan. There are also cases when a person does not qualify on their own, but can benefit from their spouse’s social security benefits. However after a divorce, those people may think that they lost […]
Continue readingIf you and your spouse are considering a divorce, no matter what type of divorce it is, the process is going to be challenging. Because divorce is a legal process that will greatly change your life, having a plan before filing the paperwork is a must. To prepare for the start of the divorce process […]
Continue readingDivorce is an emotionally challenging period for everyone involved. The process involves a lot of changes and adjustments regarding living arrangements, parenting schedules, finances, possessions, and properties. To help you make the right decisions, you need to be well informed with as much credible information as possible. Let’s take a look at a few things […]
Continue readingThere has been a recent uptick in grey divorce, divorce over the age of 50, over the past few years. When couples in this age group get divorced, they often are concerned about the impact divorce can have on their retirement funds. Since retirement funds can be deemed marital property, they are subject to division […]
Continue readingWhether an Illinois divorce is contested and battled out in court or settled through mediation and arbitration can determine how long it will last. It will usually take one month to file the paperwork. In the event that the parties involved are unable to amicably resolve issues on asset and property division and child support, […]
Continue readingUnlike most states, the state of Texas does not recognize legal separation. This means that in Texas, when you are officially married, you remain so until the court system finalizes your divorce decree. This fact plays a major role in property division. In Texas, most property acquired by either spouse during marriage is considered community […]
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