Anderson Boback & Marshall Blog
Dividing Retirement Accounts in Divorce: A Comprehensive Guide for Illinois
Dividing retirement assets is one of the most critical financial aspects of divorce proceedings in Illinois. Because retirement accounts often make up a significant part of marital assets, dividing them can be legally complex. Without proper handling, mistakes in this process may cause tax penalties, financial insecurity, or unfair asset distribution. In Illinois, retirement accounts are subject to equitable
Alternatives to Divorce for Older Couples (Gray Divorce): Exploring Your Options
Recent statistics show that divorce rates among couples over 50 have doubled since the 1990s. This phenomenon, often called “gray divorce,” comes with unique challenges and considerations. Many older couples contemplating divorce often have questions about their options and the implications of each choice. This post outlines common questions we receive from older couples considering divorce (Gray Divorce). What Challenges Do Older Couples Face in Divorce (Gray
Protecting Business Interests During an Illinois Divorce: Practical Advice for Entrepreneurs
For business owners in Illinois, divorce brings unique challenges that go beyond the personal. Illinois divorce law classifies your business based on whether it’s marital or non-marital property. This classification can significantly impact the future of your business and your financial well-being. However, there is no need to panic as long as you have a skilled and business
Back to School Issues for Divorced Parents in Illinois
Back to school season brings new routines, new schedules, and often new conflict for divorced or separated parents. Questions about school choice, transportation, extracurricular activities, and expense sharing can quickly become disputes when parents do not agree. If you share parental responsibilities in Illinois, the start of the school year is not just about backpacks and supply lists.
How Can I Enforce a Court Order Against My Ex?
If you are dealing with an ex-spouse who is not complying with a court order, you are not alone. Many people find themselves in frustrating situations where their ex ignores legal obligations related to child support, spousal maintenance, or parenting time. The good news is that Illinois law provides clear enforcement tools. Understanding how these tools work can
If I Am Named the Custodial Parent, Do I Have Sole Custody in Illinois?
It is one of the most common questions parents ask: “I am listed as the custodial parent in my child support case. Does that mean I have sole custody?” In most Illinois cases, the answer is no. The confusion stems from outdated terminology. Illinois law no longer uses the traditional sole custody and joint custody framework. If your
How Trusts Are Treated in Illinois Divorce
If you are going through a divorce and either you or your spouse has an interest in a trust, you likely have questions. Can your spouse claim part of your fa The answers depend on the type of trust, who created it, what control the beneficiary has, and how distributions were handled during the marriage. This article explains
