Category Archives: Family Law

DupageIn some divorces, the completion of the divorce is the last time that the couple will have to talk or communicate with each other. Once you have gone your own ways, there is no need to have anything to do with each other again. 

If you have children, divorce can become a little bit more complicated. Having children with someone means that you will forever be bound to that person because you share a child or children in common. 

Even though you may still have feelings of anger or hurt against your ex-spouse, it is important that you put those feelings aside for the sake of your children. Co-parenting takes a great deal of cooperation and compromise. Here are five tips to help practice successful co-parenting after a divorce:

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Hinsdale IL prenup agreement attorneyWhen you are engaged to get married, one of the last things on your mind is divorce. Though it is not a romantic topic, or even one that you want to broach, thinking about what would happen if the marriage ended should be on your to-do list before you tie the knot. 

Talking with your partner about what divorce might look like in your case can help the both of you have peace of mind during the marriage and could make for a simple divorce if it does happen. Prenuptial agreements can help you sort out your finances and help determine how marital property is divided if you decide to call it quits. 

People enter prenuptial agreements for the security that they provide, so it is important that your agreement will hold up in court. There are several mistakes that can make your prenuptial agreement invalid, and many times these mistakes occur when one or both spouses does not retain counsel when agreeing to a prenup.

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Hinsdale IL asset division attorneyIt does not matter whether you and your spouse are divorcing amicably - you still have to divide your property between the two of you before your divorce can be finalized. While this process can be annoying at best and combative at worst, it is a necessary evil of divorce. Illinois courts look at the division of property as being equitable, rather than equal. You may not necessarily come out of the marriage with everything that you personally gained during the marriage. Dividing property during a divorce can be a careful game of negotiations, especially when it comes to high-value assets, such as a house or a vehicle. Here are a few common assets that most couples have and how they can be divided:

Your Home

Though the family home can be a source of emotional attachment for many people, the easiest way to decide what happens to the home is to sell it and split the profits. That would only work if you have equity in your home. If you have to sell your home for less than what you owe on your mortgage, you will have to determine who pays the remaining mortgage amount after it is sold. If one of you wants to keep the home and the other one does not, then the spouse who wants to keep the home can buy out the other half of the home, but you will need an accurate assessment of what your home is currently worth.

Your Vehicle

If you and your soon-to-be ex-spouse own a vehicle together, it can go the same way as the home. You can either sell the vehicle and split the profits, or one of you who wants to keep the car and buy out the other person’s half. Figure out what the current value of your vehicle is and then split that in half - that would be the amount your spouse should pay you if he or she wants to keep the vehicle.

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DuPage County postnuptial agreement attorneyContrary to what many might believe, prenuptial and postnuptial agreements are a good thing. With the number of couples getting divorced these days hovering around 40 to 50 percent, it should make a lot of sense to want to protect yourself and your assets if you do end up following in the footsteps of millions of Americans. Prenuptial agreements can be useful, but if you do not create such a contract before you tie the knot, postnuptial agreements can be just as good.

What is a Postnuptial Agreement?

A postnuptial agreement is similar to a prenuptial agreement, except a postnuptial agreement is one that is entered into after a couple is already married, while a prenuptial agreement is signed prior to a couple getting married. A prenuptial agreement essentially sets forth out how a couple’s assets and debts will be divided in the event of a divorce.

Could a Postnuptial Agreement be Right For You?

A postnuptial agreement can be helpful for any couple no matter how many assets you have. You should consider getting a prenuptial agreement if:

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IL divorce lawyerA legally binding contract created by two people before they marry is known as a prenup. Although a prenup can benefit women from all walks of life, it is particularly beneficial to those who are doctors. Female doctors have worked hard to build their careers and create a comfortable life for themselves and their families. Therefore, it is important for them to protect their hard work and ensure their accomplishments as a doctor do not backfire on them in the event of a divorce. Here are several of the many reasons female doctors should consider a prenup.

Clarify Financial Duties in a Marriage

According to research, clear communication can reduce burnout for female doctors. A prenup allows women to outline the financial aspects of their marriage. With a prenup, both spouses can easily understand who pays for what, how money will be saved for education or retirement, and other financial topics.

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