Tag Archives: DuPage County divorce lawyer

Il divorce lawyerDivorce is a messy business, no matter the situation and specific details. Although avenues are available that make the process more amicable, it is no easy feat separating a marital union into two separate lives. Some cases have fewer factors for consideration, such as those with a short duration, no kids, and a little marital property. Once you begin piling on the elements and building a life together, the process becomes complicated. Every divorcing couple has a lot to lose, but high asset divorce accompanies other uncommon difficulties. Although the divorce process is the same, regardless of your net worth. However, when there are more properties, businesses, and other complexities, the chance for mistakes increases. These are the most costly mistakes you will want to avoid in your high asset divorce.

Acting Too Quickly

No one wants to linger in the divorce process longer than necessary, but it is often not beneficial to your case to speed through the process without careful consideration. Regardless of the emotional concerns, divorce is a legally binding contract that has a dramatic impact on your financial status. Your long-term financial stability depends on the agreement. Do not haphazardly agree to terms to rid yourself of the discomfort of the situation.

Hiding Assets

It is not uncommon that one spouse does not want to share with their ex. Although you may feel owed or otherwise entitled, you are under legal obligation to disclose all assets during the divorce process. That includes avoiding the temptation of transferring money to other accounts or third-parties for safe-keeping. It is very rare that a spouse succeeds in an attempt to conceal funds. You will be discovered, and it will put you at a disadvantage throughout the remainder of the proceedings.

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IL divorce lawyerAlthough social media has many redeeming qualities, social media seems to pick on everyone at some point. However, a favorite target appears to be the newcomers on the block, the Millennials. Also known as Generation Y, the term Millennials refers to anyone born anywhere from the early 1980s to the early 1990s. Regardless of the credibility of their social wrap sheet, there is one area that this generation seems to excel where other generations have failed; that is, they are decreasing the divorce rate.

Let us explore why:

A Dramatic Decrease

Each generation behaves markedly different than the preceding generation; the same is true in this circumstance. Americans under the age of 45 have found a unique way to oppose their parents: to stay married. Between the years of 2008 and 2016, America saw an 18% decline in divorce rates. Researcher and University of Maryland professor Philip Cohen went on to explain that even when all other influential factors, such as age, were removed the equation, this period still experienced a dramatic decline from the previous years.

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DuPage County divorce attorneyThough every divorce is different, and there is no one set way that can be used in all divorces, there are some general guidelines that can help make your divorce easier on you. The nature of divorce makes this period of time in your life difficult already, so figuring out ways that you can make it easier on everyone involved is a good idea. You may not even be aware that you are making these mistakes, but they can hinder the divorce and separation process. Here are five mistakes that you should try your best to avoid making:

1. Being Uninformed or Unprepared

If you are unaware of your financial situation, you are setting yourself up for failure. Before you begin the divorce process, you should make sure that you have access to all bank accounts and credit card accounts, as well as tax return information and investment accounts. You will want to make copies of all available financial records, such as tax returns, bank and credit card statements, loan documents, insurance policies, and deeds to real estate or vehicles.

2. Letting Your Emotions Guide You

Divorce dredges up many thoughts and feelings, so it can be difficult to take your emotions out of the process. It is completely normal to feel everything from grief to anger to resentment, but it is important that you do not let these emotions control your decisions. Seeing a counselor or therapist who specializes in divorce or family issues can help you work through those emotions in a healthy way.

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IL divorce lawyerDivorce is a challenging situation for fathers, mothers, and children. However, it can be particularly difficult for fathers, especially if the divorce was not their idea. Let’s take a closer look at five of the most common challenges divorcing fathers frequently face.

Loss of Control

When a father is going through the divorce process, they may feel like they no longer have control of their life. The good news is that working with an experienced divorce lawyer can help them feel more in control of their future and ensure their rights are protected.

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IL divorce lawyerAfter a divorce, you may enter the dating world and meet someone special. If you have children, you are likely wondering when and how to introduce a new partner to them after a divorce. Since the way you introduce them may impact your future and whether or not your children approve of your partner, it is important to follow these rules.

Time the Introduction Properly

Be careful of when you introduce your children to your new partner. Make sure that you truly know your partner and have had enough time to determine whether your relationship is a short fling or a long-term commitment. If you are confident that your partner will be in your life in the future and your children have adjusted to your divorce and moved passed the anger and sadness stage, you can introduce them to your children.

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phone 630-920-8855
address15 North Lincoln Street, Hinsdale, IL 60521
phone 331-588-6611
address21 North 4th Street, Geneva, IL 60134
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, 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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