On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, November 28, 2012. It is not unusual for people to feel strongly about the money they make, especially when they are in the middle of a divorce. For example, a Chicago husband may feel that he works hard, and that his wife is not entitled to his money. In order to try and assure that he keeps what’s his, he may overstate debts, report higher expenses or lower income than what he actually earns. While this scenario may seemContinue reading
Tag Archives: Divorce
First holidays after divorce offer challenges for parents
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, November 14, 2012. Divorce is difficult for any Chicago family, but when the holidays come around it can be especially challenging. No matter what the circumstances were leading to the couple’s breakup it’s important to try and come together long enough to figure out how to help the kids make the best of the situation. In the best circumstances, newly divorced parents manage to still spend a holiday or two together for the sake of the kids. If youContinue reading
Divorces involving spouses in foreign countries often complicated
On behalf of The Walters Law Group, Ltd. posted in Child Custody on Wednesday, October 31, 2012. Most Chicago area residents who have been through a divorce with a spouse residing in the area would agree that it is rarely an easy venture. Imagine then, just how complicated things can be when one of the spouses is a citizen of, and lives in, another country. When the marriage has not produced any children, the split is usually fairly straightforward. When children are involved however, by far, the most contentious issue for couplesContinue reading
Illinois guardians can now initiate divorce for mentally disabled
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, October 19, 2012. Illinois residents with mental disabilities received a new freedom recently. Until earlier this month, people with mental disabilities who have a guardian could not file for divorce. The only way a person in this situation could get a divorce is if the spouse filed for the divorce. The new law will likely benefit many people, who until now, may have been trapped in abusive marriages. For instance, say a couple gets married and then later on oneContinue reading
Modern divorce going electronic with spy gear
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, October 17, 2012. Some participants in divorce actions may be increasing the already-high trauma level by employing high tech spying devices. Divorce and high tech are not necessarily a perfect match in Chicago or anywhere else. Using electronic spy gear to collect “evidence” of an affair or similar transgression is not legal in many jurisdictions. Take the case of a Minnesota man, who installed spy apps on his spouse’s cell phone and computer, while also attaching a GPS deviceContinue reading
Prenuptial agreements may or may not be enforceable
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, October 10, 2012. Each year, countless numbers of couples throughout the Chicago area decide to marry. In some of these situations, to safeguard assets and property brought to the marriage, couples decide to sign prenuptial agreements. This is particularly true when the ensuing marriage is considered to be one of high-net-worth. Prenuptial agreements are designed to outline the division of assets should the marriage being entered into, fail. In some cases alimony and child support are addressed as well.Continue reading
Some marital assets are difficult to divide
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, September 28, 2012. Regardless of wealth, or the lack thereof, divorcing couples must agree to an equitable property division. Yet, at times, marital assets become difficult to divide fairly. They need some extra attention. Whether in Chicago, Los Angeles or the smallest town in Iowa, everyone can learn from the well-publicized case of the co-owners of the Los Angeles Dodgers and the impending divorce of the spousal co-owners of the Philadelphia Eagles. While most of us have more modest assets, theirContinue reading
Should abusers receive spousal support?
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, August 31, 2012. Legislators in one state recently passed a new bill that prohibits spousal abuse victims from being forced to pay alimony to their abuser. Those marital partners who were abused would no longer face making spousal support payments to convicted abusers under the new regulation. Many Chicago victims of spousal abuse would likely hope that similar legal protection be provided to all in the future. A 39-year-old California successful financial planner and mother of two children wasContinue reading
Divorce as a career booster or career killer
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, July 27, 2012. Did you know that a painful divorce can accelerate your career? Are you aware that a contentious divorce can also prove to be a career killer? Family law attorneys and mediators in Chicago agree that either result may occur. Compounding the stress and trauma of a painful divorce, employers are often subpoenaed for records, interrogatories, depositions, or trial appearances. When this happens, you might helplessly watch your chances for promotion slipping away, along with your formerly advancingContinue reading
Increased financial and emotional pain with second divorces
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, July 20, 2012. Divorced residents of Chicago likely understand how traumatic the process can be. Contrary to the assumptions of those who’ve avoided the process, a second divorce is not any easier on the participants. There is evidence that the financial and emotional pain actually increases. Unless you adopt the approach of many celebrities, “keep doing it until you get it right,” the pain of your first divorce doesn’t serve as an aid should you face a second one. There are understandableContinue reading