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Is My Educational Degree Subject to Division in a Chicago Divorce?

Published
Categorized as Divorce, Property Division

Table of ContentsCollege Degree or Professional License Not Marital PropertyMarriage of Weinstein Case Addresses a Medical Degree as Marital PropertyValuing an Education Degree By Future Earning Potential In a Chicago divorce, the Illinois law requires the court to divide marital property equitably.  This is not necessarily equally but equitably which may very well be equally,

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Co-Parenting During the Holidays

Published
Categorized as Child Custody & Visitation

Table of ContentsTop Issues for Co-parenting During the HolidaysWinter Break ChallengesLast-Minute Change Requests As child custody attorneys, we know Co-parenting during the holidays presents some of the most challenging times of the year for families where the parents have divorced, are in the process of divorce or have separated.  For the most part, the Allocation

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Are My Savings Account Funds Considered Income for Child Support?

Published
Categorized as Child Support

Table of ContentsIllinois Supreme Court Defines Meaning of “Income”“Gross Income” as Defined by Updated Illinois Child Support LawWhat About Business and Self-Employment Income?Client Victory Addressing Income for Calculating Child SupportIllinois Section 505 – Defining Business Income In the 2012 Supreme Court case of In re Marriage of McGrath, the Court held that the amount withdrawn

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Tips to Help Keep Your Attorney’s Fees Down in a Divorce

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Categorized as Attorneys Fees, Divorce

Table of Contents3 Tips Keep Your Attorney’s Fees DownTip #1: Be Prompt When Responding to Your Divorce AttorneyTip #2:  Provide Your Attorney with All Discovery Documents and Responses As Quickly As PossibleTip #3: Always Listen to Your Divorce Attorney Divorce and family law attorneys have a reputation for being expensive. Many potential clients ask us

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Preparing for a Successful Divorce

Published
Categorized as Divorce

Table of ContentsA Successful Divorce Starts with Hiring the Right AttorneyGet Your Financial Information In Order1. Determine what you own.Click here to download our helpful “Guide to Marital Property”2. Determine what you owe.Gather Income DocumentationSelf-Employment and Documenting IncomeEstimate Expenses Post-DivorceEstablish Your Own Credit During DivorceAvoid Going Into DebtProtect Joint AccountsClose Joint Credit Accounts Prior to

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