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Category: High-Asset Divorce

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  • Posted On: 6/23/2020
    In:
    Divorce
    Latest Post

    Making and Breaking Prenuptial Agreements

    Once upon a time, only super-rich couples with substantial separate property bothered with premarital agreements. A web of complex laws governed these pacts. Furthermore, enforcement was uneven. Results might even vary among different judges in the same county. So, if the couple later divorced, a premarital

  • Posted On: 3/10/2020
    In:
    Divorce
    Latest Post

    Classifying and Dividing Marital Property

    Like most other jurisdictions, Illinois is an equitable division state. Marital property must be divided equitably between the spouses. That is not necessarily the same thing as equality. Assets and debts must be divided in such a way that the divorce is not an unfair financial

  • Posted On: 11/26/2019
    In:
    Divorce
    Latest Post

    The Three Cs of Divorce

    Frequently, divorcing couples agree on broad issues, but they disagree on the specifics. In these situations, a professional mediator often helps bickering spouses and their attorneys find a middle ground. That is especially true if both parties are eager to avoid a court fight. Since these

  • Posted On: 8/13/2019
    In:
    Divorce
    Latest Post

    Making and Breaking Premarital Agreements

    Until fairly recently, only the super-wealthy bothered with prenuptial agreements in Illinois. The complex web of laws made these agreements difficult to make. In terms of enforcement, results varied significantly in different counties in the state, as well as different courtrooms in the same county. Today,

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