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Recent Posts in Property Division Category

  • Divorce & Your Estate Plan

    One important set of documents tends to be forgotten in the mad scramble of divorce: your estate plan. This is comprised of several essential documents that protect your financial interests and personal medical choices in the event of an emergency. If your plan isn’t updated, then your ex may still be designated as your executor and primary beneficiary. Estate planning documents commonly ...
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  • What Is the Illinois Collaborative Process Act?

    As of 2018, Illinois is the 12 th state to adopt a collaborative practice law under the Illinois Collaborative Process Act. In a collaborative divorce, spouses hire attorneys to facilitate their equitable distribution negotiations outside of court. Since implementing the law in January, it has become increasingly common for divorcing couples to utilize the collaborative process as an alternative ...
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  • Asset Protection During a Divorce

    Getting a divorce is not just an emotional process, but a financially difficult one as well. Divorcing spouses risk taking a major hit to their financial health during a divorce, especially without proper legal guidance on their side. While you might be tempted to fixate on what went wrong in your marriage or on how to cope with this major change in your life, it is crucial to also try to limit ...
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