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Divorce can be emotionally and financially exhausting. Whether a divorce is amicable or contested, it is important to keep a close eye on an individual's finances. The closer the watch, the less likely it is that financial resources will be stretched and drained to the point of bankruptcy. … [Read more...]
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On January 1st, 2016, the State of Illinois made several changes to the Illinois Dissolution of Marriage Act. One of these changes includes the shift from using "custody" in a divorce decree to "parental responsibilities." The altered wording is intended to give both parents equal standing before the court. The intent is the same and the allocation of parental responsibilities determines who will have decision making authority for the minor children … [Read more...]
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When both spouses agree to the terms and conditions surrounding child custody (now referred to as the allocation of parental responsibilities in Illinois), parenting time, the division of property, child support and spousal maintenance in the dissolution of a marriage it is referred to as an amicable divorce. An amicable divorce is almost always uncontested, and since the individuals who are involved in this type of divorce are able to negotiate the terms of their divorce settlement … [Read more...]
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Marriage can be a difficult relationship, and divorce is often the only way out. Perhaps the best known statistic in existence today is that half of all marriages end in divorce. But this may no longer be the case. Due to a combination of marriage trends and social factors, divorce rates are at historically low levels. In fact, divorce rates today are comparable to those of nearly fifty years ago. … [Read more...]
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Determining Custody In just over 51% of custody decisions, both parents agree that the mother should become the custodial parent. In roughly 29% of custody decisions, this is made without any assistance from the court or from a mediator. 11% are determined with the assistance of a mediator, and 5% are determined following a custody evaluation. By comparison, only 4% of custody cases require going to trial before primary custody is decided. Overall, 91% of custody decisions do not … [Read more...]
