Tag Archives: finances

Divorce is not only the end of a romantic relationship, but also that of a financial relationship. Courts use financial information from both spouses to make decisions about spousal maintenance, child support, property division, and more. Although everyone handles divorce … Continue reading

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During a divorce, it is a legal requirement that each spouse disclose information about his or her financial situation. This includes detailed information about property, income, expenses and debt. However, some people are dishonest in their financial reporting. Sometimes a spouse will attempt to hide assets from his or her … Continue reading

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It is not uncommon to experience credit issues or other financial problems in a divorce. Many people, however, are ambushed by the true scope of such issues and, as a result, experience serious difficulties. If you are just beginning to … Continue reading

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The process of divorce can be very expensive, often requiring a significant investment of both time and money. In fact, one of the first questions most people considering a divorce tend to ask pertains to what the financial cost will … Continue reading

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While there are certainly many elements of a divorce that can create controversy, those related to a couple’s finances are often among the most challenging. This may be especially true when one or both spouses have a high net worth … Continue reading

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In a previous post on this blog, we talked a little bit about the authority of the courts in Illinois to order either or both parents—subsequent to a divorce or separation—to contribute toward the educational expenses of their child. As … Continue reading

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A couple’s wedding vows usually include some version of a promise of love and fidelity between the spouses. Most people generally view that as a promise by each partner not to cheat, either emotionally or sexually with another person. Despite … Continue reading

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Making the decision to file for divorce is often one of the hardest decisions a person has to make. Leaving a familiar life, albeit an unhappy one, can be an intimidating prospect. However, it is a decision that millions of … Continue reading

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