Property division, child custody and spousal support are all important topics that couples will want to address during the divorce process. Yet before that happens, couples must state the grounds on which they are divorcing. This is a legal requirement in many sates, including Illinois.
In the past, this blog has discussed the importance of legally establishing paternity, particularly when it comes to not only to child support, but also visitation and child custody rights. However, it is important for both mothers and fathers to gain an understanding of exactly how paternity is established in Illinois.
When parents divorce it is almost certain that one of the parents will be paying child support. To that end, there are certain guidelines the court will take into consideration when determining what is a fair amount of child support in Illinois.
When parents in Illinois decide to end their marriage, it is only natural that they worry about how to break the news to their children. There are some steps, however, parents can take prior to having such a discussion that may make things go smoother.
A hedge-fund billionaire hailing from Chicago, Illinois, has recently filed for divorce. The 45-year-old, has filed for divorce from his wife after a year-long separation. The divorce filing states that the marriage is irretrievably broken and reconciliation would not be in their or their children's best interests. The couple has three children together of whom the husband is seeking joint custody. The children are aged 6, 3 and 2.
With a few exceptions, divorce is rarely easy. Emotions often run on high and disputes can break out over seemingly minor issues. Yet, there is a reason many divorces are contentious. In addition to emotional loss, many divorcing parties are facing an uncertain financial future. If a divorce, whether high asset or not, is not handled properly, then an individual may be starting his or her life on rocky financial footing. Therefore, it is important for Chicagoans to recognize the various financial issues that should be addressed during a divorce.
One of the most overlooked areas related to post-divorce finances is estate planning. Those who get divorced should be sure to change their beneficiaries, as failing to do so could result in an ex-spouse inheriting a significant portion of an individual's assets.
When a couple in Illinois is celebrating their marriage, the last thing they may want to think about is whether they should have created a prenuptial agreement. Yet with approximately 50 percent of marriages ending in divorce, creating a prenuptial agreement can be a good choice to make.
Paternity tests are important. Very important. They can prove a man in is the father of a child, which comes with certain responsibilities. While a father of a child in Chicago may be required to pay child support, they also have the right to visitation or custody of their child. These are questions being contemplated by a basketball player for the Indiana Pacers.
Many residents of Chicago may remember actress Jill Wehlan from the hit television show, "The Love Boat." However, recently Wehlan has filed for divorce from her husband.
Most people in Chicago expect prenuptial agreements to cover things such as what who gets what property after a divorce, what debts a spouse will be shielded from should the marriage end and what financial responsibilities each party will have while they remain married. Yet in this day and age there is another clause that is becoming increasingly popular: the social media prenuptial agreement.