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. Keeping Tabs on Stock Portfolio Executives and key employees sometimes have stock options and restricted stock plans. … [Read more...]
Archives for June 2021
Restricting Parenting Time When Your Ex Is Endangering Your Child
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. The court implements different kinds of restrictions, ranging from supervision to restricting communication. The following are examples of parenting time restrictions in … [Read more...]