Posts By: MICHAEL C CRAVEN

  Earlier this summer, the Illinois Supreme Court ruled on a dispute between divorcing parties regarding the division of assets, and, in particular, how spouses’ pensions plans and future Social Security benefits should be taken into account when dividing marital assets.   Division of Assets and Marital Property The Illinois Marriage and Dissolution of Marriage Act (IMDMA) addresses the division of assets related to a divorce. Upon divorce, parties can either reach an agreement or ha...   Read more ...  

For many people, the decision to separate or divorce can be difficult. The decision carries a whole host of other issues and questions. Many people want to know where they will live, what will happen to their finances, who will have custody of their children. The first step to getting answers to those questions is finding, and hiring, an experienced divorce lawyer.   The prospect of meeting with and hiring a lawyer can be intimidating, and may itself deter or delay some people from proceedi...   Read more ...  

  Around 50% of marriages in the U.S. end in divorce. 41% of first marriages end in divorce. 60% of second marriages end in divorce. 73% of third marriages end in divorce. In America, there is one divorce approximately every 36 seconds. The average length of a marriage that ends in divorce is 8 years. ‘3 years’ is the average times for people, before they decide to remarry after they are divorced. ’30 years old’ is the average age when people get their first div...   Read more ...