Anderson Boback & Marshall Blog
Financial Disclosure in Illinois Divorce: What You Need to Share and Why
Most Illinois divorce clients learn about financial disclosure the wrong way. They are handed a form called the Financial Affidavit, told to fill it out within 30 days of their first appearance, and led to believe that disclosure is something they do, like a procedural step on a list. By the time they realize disclosure is a duty
Prenuptial vs. Postnuptial Agreement in Illinois: Which Is Right for You?
If you know you need some kind of marital agreement, the first question is whether the agreement needs to be signed before the wedding or after the marriage has already begun. A prenuptial agreement and a postnuptial agreement can both address serious financial issues. Both can help clarify property rights, debt, support expectations, and planning around a business,
Are Postnuptial Agreements Enforceable in Illinois? What Courts Look For and What They Reject
Whether a postnuptial agreement holds up in Illinois depends less on the language of the document than on the circumstances of how it was negotiated and signed. If your spouse has handed you one to sign, or you are thinking about asking for one, the central question is direct: will it protect you if the marriage ends? Illinois
Is a Postnuptial Agreement Right for You?
Most individuals are familiar with prenuptial agreements. Postnuptial agreements are less commonly discussed. Where a prenuptial agreement is signed before a couple ties the knot, a postnuptial agreement is signed after the parties are already married. Postnuptial agreements are often used to address circumstances or finances that have changed since the wedding. In some cases, they can help
Postnuptial Agreements for Business Owners and High-Asset Spouses in Illinois
An Illinois postnuptial agreement for a business owner settles one question in advance: if the marriage ends, what happens to the business? Today that answer is spread across several documents that do not account for each other. These include the Illinois property-division statute, the operating agreement, the estate plan, and the equity grants. A postnuptial agreement pulls them
Postnuptial Agreements for Stay-at-Home Spouses in Illinois: Protecting What You Built Together
You stepped back from your career to raise your family, support your spouse’s business, or run the household. Much of what the family built rests on that work. It may not show up on the operating agreement or the equity grant, but it made the rest possible. For a spouse in that position, an Illinois postnuptial agreement is
How to Challenge a Prenuptial Agreement in Illinois
If you are facing divorce in Illinois and have a prenuptial agreement you no longer want to be bound by, you are asking one of the most difficult questions in family law. The prenup you signed years ago was written for a future neither of you could fully predict, and now that future has arrived. Whether the court
