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When divorcing a millionaire, a person has the additional burden of understanding the many and often complicated financial holdings. If the well-heeled spouse is a high-powered executive, for instance, it’s important for divorcees to know about stock options and restricted stock plans. Stock options are considered assets that can be divided between spouses in a divorce.
Illinois has raised the bar higher for one parent to restrict the other parent’s parenting time. This restriction is executed only when usual parenting time is proven beyond a reasonable doubt to be a danger to the child’s health and well-being, such as threatening the psychological and physical health of the child.
Cryptocurrency issues arise in a divorce when the court tries to value the marital assets of the divorcing parties. Since cryptocurrency has never been officially classified as a specific type of asset, some spouses may fail to disclose it to the other party. Some may even use it as a way to hide assets that are part of the marital estate to avoid equitable distribution. If one spouse suspects the other party has cryptocurrency, he or she should always be on the lookout for large cash transfers and withdrawals to and from a cryptocurrency exchange.
Managing daily logistics can be complicated when co-parents live separately and are on less-than amicable terms. Luckily, there are co-parenting apps that can help parents communicate clearly, stay organized, keep track of all details, reduce angry phone calls and confrontations, and focus on what really matters – raising happy kids. The following apps are designed to make the realities of co-parenting easier and less stressful.