Posts Categorized: Divorce Lawyer

Entering Into a Divorce Settlement Agreement

When you think of divorce, you might picture a hostile, bitter court battle that involves endless hearings, constant fighting and protracted litigation. While this may be true for some, many other divorcing couples are able to move through the process more smoothly through compromise. Fortunately, the Illinois Marriage and Dissolution of Marriage Act does allow – and even encourages – parties to come to an agreement on the primary issues in a divorce case. In doing so, you experience numerou...   Read more ...  

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What Happens to the Family Home in a Divorce?

In many ways, family homes are treated like other assets during divorce. Assuming you purchased your home after you got married, then it would probably be marital property in its entirety, meaning a judge would equitably split the equity between you and your spouse. However, you probably have a greater emotional connection to your home then to your bank account or retirement plan. There could also be some other concerns involved, such as previous work you had done on your house, where your child...   Read more ...  

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Am I Entitled To My Spouse’s Pension If We Divorce?

pension in divorce

After a divorce in Illinois, one spouse could receive alimony from the other, also known as spousal maintenance or support. But what about pensions? Are you entitled to the other party’s pension after divorce? Learn about this topic in this article, and talk to our divorce lawyer in Chicago Michael C. Craven if you need help with divorce issues. Illinois Is An Equitable Division State Illinois has an equitable division rule for divorces, meaning the judge will divide the couple’s property ba...   Read more ...  

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Business Valuation and Calculating Goodwill as Part of it

The financial and legal interests of spouses are closely intertwined during their marriage, so one of the most critical aspects of the proceedings will be separating these bonds. Illinois’ property division statute covers this part of the process, providing that all marital assets are subject to equitable distribution between the parties. Therefore, the initial inquiry is whether the item was acquired during the marriage or became jointly owned under certain circumstances. Then, all marital pr...   Read more ...  

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Enforcing A Court Order After A Divorce

court order

Divorces can be simple, civil, and even somewhat gratifying to some parties. The prospect of leaving a marriage that was not working and starting over fresh can be an exciting start to a new chapter. For others, a divorce can mean pain, suffering, and long-term hardship and challenges. And in these situations, an unknown outlook and future can be very scary. Obtaining the divorce settlement you desire and deserve can be challenging enough. No one wants to need to worry about the divorce orders b...   Read more ...  

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A Default Divorce Judgment in Illinois

divorce

Divorce is a deeply personal event in a person’s life, but divorce cases are still official court proceedings that are subject to procedural requirements and court rules. One important factor is how the process gets started, and divorce cases are initiated by one spouse filing a petition for dissolution of marriage.   The petition submitted to the court states facts to establish that the court has authority over the spouses and their marriage, and it includes the petitioning spouse’s ge...   Read more ...  

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