Anderson Boback & Marshall Blog
International Assets in an Illinois Divorce: What Chicago High-Net-Worth Spouses Need to Know
Divorce is complicated enough when all of your finances are in one place. When accounts, real estate, or business interests sit in another country, the process becomes far more difficult. That is true whether you are the spouse who just learned your partner has been holding assets overseas, or the spouse who has always managed the international side
Warning: The Wording in Your Prenuptial Agreement is Critical
Key Takeaways In Illinois, two words in a prenup can decide whether a spouse pays temporary maintenance during the divorce. The Woodrum case turned on the difference between waiving support “upon dissolution” and waiving it upon the filing of a petition for dissolution. Even when a prenup says both parties made a “full and complete disclosure,” Illinois courts
How to Protect a Business With an Illinois Prenuptial Agreement
A closely-held business is one of the most complex assets an Illinois prenuptial agreement can address. Under 750 ILCS 5/503, a business formed before the marriage is treated as separate property, yet appreciation during the marriage, spouse contribution, and the way marital funds interact with the business can all create a marital claim by the time a divorce
Your Divorce Is Final, But Your Ex Will Not Comply. What Are Your Options?
You fought hard for your divorce settlement. The judge signed the judgment. You thought the hardest part was over. Now your ex-spouse refuses to follow through, and you are left wondering if your divorce decree is worth the paper it is printed on. Illinois courts have authority to enforce divorce judgments. Under 750 ILCS 5/508, the court that
Protecting the Family Business in Divorce
When divorce involves a family business, the stakes extend well beyond the two spouses. Other family members may own shares. Partners who had nothing to do with the marriage now face uncertainty about the future of their business. And the divorcing spouse may have devoted years to building something that cannot simply be split down the middle or
How Child Custody Cases Work in Cook County Family Court
You are about to go through one of the most stressful legal processes a parent can face. If you have never been inside the Daley Center or dealt with Cook County’s Domestic Relations Division, you probably have no idea what to expect. That is understandable. The process is complex, the rules are county-specific, and the decisions made in
Domestic Violence and Child Custody in Illinois
If you are living with domestic violence and worried about what it means for you and your children, you are not alone. You may be wondering whether the court will believe you, whether your children are safe, or whether leaving will make things worse before they get better. Those fears are real, and they deserve to be taken
