Posts Categorized: Divorce

Signs Your Spouse May Be Moving Assets Before Filing For Divorce

Michael C. Craven, our Chicago divorce attorney, discusses the common Signs Your Spouse May Be Moving Assets Before Filing For Divorce.

When a marriage is ending, you might see changes in how money is handled before anyone files for divorce. You could notice strange transfers, missing statements, unexplained withdrawals, or money moving between accounts you did not know about. A single odd transaction does not always mean your spouse is hiding assets, but a pattern is worth looking into.  Illinois divorce law requires the court to find, classify, value, and divide marital property, and moving money does not take it out of this ...   Read more ...  

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Questions To Ask Yourself Before Deciding To File For Divorce

Chalk message 'DIVORCE?' written in purple on a dark concrete sidewalk/ground, with a question mark at the end.

Deciding to file for divorce in Chicago is rarely just a legal issue. It often involves finances, children, housing, property, emotional stress, and the challenge of setting up two separate households. Before you file, think about what you want your life to look like both during and after the divorce. Filing can start deadlines, require financial disclosures, raise parenting questions, and bring court involvement that may affect important parts of your life.  Illinois law offers a framework for...   Read more ...  

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Gray Divorce: Why More Couples Over 50 Are Divorcing

Our Chicago divorce attorney explains Gray Divorce and discusses Why More Couples Over 50 Are Divorcing in state such as Illinois.

Divorce after age 50 has become increasingly common, even as divorce rates have declined among some younger age groups. Researchers often refer to divorce among adults 50 and older as “gray divorce,” and recent research indicates that nearly 40% of people getting divorced in the United States are now age 50 or older.  For couples in Chicago who have been married for decades, ending a marriage at this stage of life presents concerns that may be very different from those facing younger spouse...   Read more ...  

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Why Personal Growth Sometimes Changes A Marriage

Our Chicago divorce attorney Michael C. Craven discusses the legal issue of Why Personal Growth Sometimes Changes A Marriage.

Personal growth can be a good thing, but it can also change a marriage in unexpected ways. In Chicago, we often meet people who never thought they would face conflict, distance, or resentment in their marriage, but later realize that one or both partners have changed. Maybe a spouse goes back to school, starts a new career, becomes more independent, sets new financial goals, focuses on sobriety, heals from trauma, or wants different things for parenting and family life. These changes do not alwa...   Read more ...  

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Why Spouses Delay Divorce Even When The Marriage Feels Over

Our experienced Chicago divorce law lawyer Michael C. Craven explains why spouses delay divorce even when their marriage feels over.

Many spouses in Chicago realize their marriage is not working long before anyone files for divorce. Even when the relationship feels over, taking the legal step to end it can seem overwhelming and uncertain. People often put off divorce because they worry about money, children, housing, retirement accounts, military benefits, family expectations, or the fear of starting over. While waiting might feel safer at first, it can lead to legal and financial problems if assets change, debts grow, or par...   Read more ...  

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Pre-Divorce Planning Strategies For High Net Worth Individuals In Illinois

Our Chicago divorce law attorney at Michael C. Craven discuss pre-divorce planning strategies for high-net-worth individuals in Illinois.

Divorce involving substantial wealth often presents challenges that do not arise in many other family law cases. High-net-worth individuals in Chicago frequently have complex financial portfolios that may include businesses, investment accounts, retirement assets, executive compensation packages, real estate holdings, trusts, and other valuable property interests. When divorce becomes a possibility, proper planning can help protect financial interests, preserve important records, and reduce the ...   Read more ...  

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