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Category Archives: High-Asset Divorce

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Common Misconceptions About Prenuptial Agreements

Common Misconceptions About Prenuptial...

It is common for individuals to hold misconceptions about prenuptial agreements and how they function. However, a prenuptial agreement can provide significant benefits by offering a clear, legally recognized plan for the division of assets and financial responsibilities. In this blog, we dispel some of…

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A Checklist for Your High Net Worth Divorce

A Checklist for Your High Net Worth Di...

Marriage rates are highest among people with the highest income and education levels, but divorce can happen to any married couple, regardless of their net worth. The greater the value of the couple’s marital property, the more likely the divorce will go to trial. Divorce…

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Financial Mistakes That You Should Avoid in Your Divorce

Financial Mistakes That You Should Avo...

Going through divorce represents one of the most stressful experiences in your life. In addition to the emotional impacts, there are serious financial considerations, as well. Our experienced Illinois divorce attorney fights to ensure you are protected throughout the process. The following are common financial…

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Are Trust Funds Marital Property in Illinois?

Are Trust Funds Marital Property in Il...

Contrary to popular stereotypes, trust funds are not the exclusive province of the wealthiest people. Estate planning lawyers often encourage clients to set up trusts in order to save money on taxes; especially in blended families, trusts are an effective way of preventing inheritance disputes…

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Ways That Divorce Impacts Estate Planning

Ways That Divorce Impacts Estate Plann...

Estate planning plays an important role in making sure loved ones are provided for in case the unexpected happens. It is an important task for married couples and helps to ensure that both they and their children are protected. However, when getting a divorce in…

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What to Know Before Filing for a Gray Divorce

What to Know Before Filing for a Gray ...

Although the overall divorce rate is still high, it has declined significantly in recent years. The over-50 divorce rate has trended the opposite way. Marriage dissolution matters in this age range have doubled over the last two decades. All divorces usually involve significant emotional and financial issues.…

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