• Chicago Downtown Office
    • 20 N. Clark Street, Suite 3300 Chicago, IL 60602
  • Northbrook, IL Office
    • 5 Revere Drive, Suite 200 Northbrook, IL 60062
Anderson Boback & Marshall Logo

Lookout! 10 Tax Considerations in Divorce

Published
Categorized as Divorce

When a new tax season is upon us, we are often asked by our clients what tax considerations come up in divorce. If you have recently divorced or are considering divorce, here are 10 tax issues that arise in divorce 1. Child Support  Child support payments are not tax-deductible by the parent paying child support

Continue Reading »

How Does Length of Marriage Impact an Illinois Divorce?

Published
Categorized as Divorce

Table of Contents“Status Quo” On Financial MattersSpousal MaintenanceImpact of the Lifestyle Enjoyed During MarriageLength of Maintenance AwardMarital Property What Is Considered Marital Property?No Matter The Length of Marriage, Get Advice from an Experienced Family Law Attorney In an Illinois divorce, the length of a marriage often has a major impact on how the parties’ financial issues

Continue Reading »

Fears About Speaking With a Divorce Lawyer

Published
Categorized as Divorce

When you are first facing a divorce, whether you are the one wanting a divorce or not, the fear of the unknown can seem daunting to many.  Common fears that come to mind: Will I lose the ability to see my children?  Will I lose my pension?  What about the house, who will get it? 

Continue Reading »

In Re Marriage of Sinha: Date Used for Determining Dissipation

Published
Categorized as Property Division

Table of ContentsCase BackgroundDissipation Claimed During the TrialWife Testified at Trial About the MoneyThe Court Evaluates the Breakdown PeriodHusband Appeals the Court’s Ruling on the Dissipation Issue  The Appellate Court Overturns the Trial Court’s DecisionIN DETERMINING DISSIPATION, THE COURT SHOULD HAVE USED A DATE WHEN THE MARRIAGE BEGAN IRRECONCILABLE BREAKDOWN—NOT WHEN THE BREAKDOWN WAS COMPLETE Recently,

Continue Reading »