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When entering a divorce in Illinois, every aspect of a person's life may be at risk, and their retirement savings are not immune to the proceedings. Individuals facing divorce need to understand this risk and what they can do to lessen their impact. As they work with a high net worth divorce lawyer, they must consider the impact of their decisions on their retirement plans.
Medical conditions, both in the child and in on one of the parents, can have a direct impact on the decision about custody in an Illinois divorce. All of the issues handled in custody decisions, including visitation, custody, support, and property division, become more complex when weighing medical needs. Understanding these impacts is important when entering child custody decisions.
All divorces are not created equal, and a high-net-worth divorce is more complicated than a traditional divorce because of the amount of wealth involved. Dividing assets and determining community assets becomes more common in these cases. These divorces involving wealthy individuals actually vary in four distinct ways. Understanding these will help those entering divorce know what to expect out of the process.
When a divorcing parent has safety concerns around the other parent, the courts in Illinois often set up supervised visitation opportunities. Many situations can put a child's safety at risk, and parents have the right to request supervised visitation for the other parent if they feel a safety issue exists. Understanding what this entails and how it may protect children will help parents move forward with custody arrangements and make the best requests from the courts.