Divorce

In Chicago, many divorcing couples leave money on the table simply because they overlook key tax strategies. With a well-informed plan, you can safeguard your finances and retain more of your hard-earned money. Fortunately, a few strategic decisions can make a real...

Dividing assets in a high-stakes Chicago divorce is more than just splitting accounts. For executives and entrepreneurs, failing to account for tax codes can lead to major financial loss. Therefore, you must recognize these traps before you finalize your agreement....

Big life changes often bring questions about a relationship status. Chicago couples who start families, buy homes or share finances sometimes wonder whether a civil union or a marriage makes more sense. Illinois law gives both nearly the same rights at the state...

Getting divorced when significant wealth is involved adds layers of complexity, especially if you suspect your spouse is secretly hiding assets.  Uncovering hidden assets, such as undisclosed offshore bank accounts, is a critical step in a high-net-worth divorce. You...

People who lie during a marriage are quite likely to lie during a divorce. Even those who have been relatively respectful and honest during a marital relationship may change during divorce proceedings. The intense emotions that accompany the end of a marriage may...

Divorce changes everything about your estate planning. Your former spouse may still control important decisions or inherit your assets unless you take action to update these critical documents. Here are five essential steps. Update your will post-divorce You have...

As a business owner, you may feel anxious about the possibility of divorce. After all, property division proceedings could put the company that you built at risk. The value of the business may be one of the biggest individual contributing elements to your overall...

Whether you own your own business or you’re in a partnership (such a medical practice or investment firm), planning for a divorce can pose unique challenges. No one wants their divorce to harm or otherwise interfere with their business, but that’s not always possible...

Divorce can be tough, especially for business owners who want to keep their companies safe. A business takes years of hard work, money, and growth. Without a plan, a divorce can change who owns the business, who controls it, and its future success. Knowing important...

Divorcing with significant assets requires careful planning to protect your wealth. Without a strategic approach, you risk financial setbacks that could impact your future. Follow these ten steps to safeguard your assets and ensure a fair outcome. 1. Gather financial...