Tag Archives: considering divorce

Illinois divorce attorneyWhen a marriage is not working out, a couple will likely file for divorce. In some cases, however, a couple will file for legal separation instead of a divorce. If you are legally separated from your spouse, you are still considered legally married even though you are not living with them. In the period of a legal separation, child support and custody arrangements can be determined, just as they would be for a divorce.

Why Choose Legal Separation

The purpose of legal separation is to provide you with time away from your spouse before you decide whether or not you should file for divorce and permanently end your marriage. Legal separation may make sense for you if your marriage is suffering because of health problems, financial struggles, issues caring for your children, an illness, a family death, or challenges with communication.

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collaborative divorce, considering divorce, divorce and negotiation, divorce attorney, DuPage County divorce lawyer, forms of divorce, Martoccio & Martoccio, traditional divorce"Collaborative divorce" may sound like an oxymoron. With more and more marriages ending in divorce though, it is no surprise that spouses who find themselves not in love, but not in hate, are looking for different ways to end their unions.

What is collaborative divorce?    

Collaborative divorce is a non-litigated method of ending a marriage. It is non-adversarial, though both parties are represented by counsel. Four characteristics distinguish it from other forms of divorce:

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 divorce, Illinois family law attorney, poverty, single mothers, single momsFor a long time, it has been a convention that a single mom could get back on her feet by getting remarried. In some situations, this has even been a stipulation for the discontinuation of spousal support.

It seems, however, that some single moms may be better off staying single. Facing the proposition of being a single parent, or even a parent who shares custody with a former spouse, can seem overwhelming. If divorce is right for your situation, however, you might find that every one is better off down the road.

Nearly ten years ago, Congress passed legislation that gave states the option to allocate welfare funds to programs that supported single mothers getting remarried, with the underlying thought being that a two-income household was a better situation for children than a single mother attempting to make everything work on her own.

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entrepreneurs and divorce, considering divorce, dividing a business, DuPage County divorce lawyer, family business and divorce, Illinois divorce attorney, Illinois family lawyer, professional valuations, value for your businessOne of the most challenging aspects of a divorce is determining what happens to your property. Such a determination is particularly challenging when it comes to a family business. A key aspect of this process is how the court will determine a value for your business.

Professional Valuations

Determining how much a business is worth is a very complex task. In most instances, the court will rely on experts, such as professional appraisers. The appraiser must be skilled at applying an appropriate valuation method based on relevant information about the business, such as financial statements and tax returns associated with the business. The most common valuation methods include:

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Our firm handles family law and personal injury matters for clients in Chicago and throughout the western suburbs including DuPage County, Will County, Kane County, Cook County and the cities of Aurora, Bloomingdale, Bolingbrook, Burr Ridge, Carol Stream, Darien, Downers Grove, Elmhurst, Geneva, Glen Ellyn, Hinsdale, Joliet, Kendall County, Lombard, Naperville, Oak Park, Oak Brook, Oakbrook Terrace, Clarendon Hills, Oswego, Park Ridge, Roselle, St. Charles, Geneva, Villa Park, Warrenville, Wheaton, Western Springs, LaGrange, Winfield, Woodridge and Yorkville.

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