Part 2 of 2 Read Part 1 This is the second of two articles discussing the imputation of income. In the first section, we answered the preliminary question of ‘What... Read More
The "War of the Roses" makes for great theater. But in the real world, the Roses’ process of self- destruction is financially destructive, unnecessarily stressful, and immeasurably damaging to the... Read More
"Setting the right tone" is a commonly overlooked element at the outset of a divorce. Although it’s true that some divorces will ultimately become adversarial in nature because of the... Read More
Clients often ask if their new husband's or wife's income will be considered when determining that parent's contribution to his or her child's college expenses? After all, the new spouse... Read More
Gifts, Divorce, and The Division of Property in Illinois Our clients frequently ask us how their property will be divided in their divorce. People grow attached to certain possessions and... Read More
It’s a common misconception that prenuptial agreements (a.k.a. “pre-nups”) are only for the extremely wealthy or those who are worried about their marriage ending in divorce. Today, prenuptial agreements are... Read More
There is a common misconception that divorce is a nasty affair between two bitter spouses, acted out through forceful litigators and numerous trips to court. While such divorces do exist,... Read More
Your small business is vulnerable. Not necessarily to theft, or natural disasters, or even economic downturns. Instead, your small business is vulnerable to domestic instability and to divorce. On... Read More
The recession has forced many families to severely limit their disposable income and to make sacrifices they never intended on making. We have heard countless stories of people wanting or... Read More