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Posts tagged "Divorce"

Dealing with a high conflict divorce

11686437_S.jpgFiling for divorce is by no means easy. And even if one or both spouses agree that it is best for them to end their union, this does not mean that there aren't any emotions or that they are not hurt by the fact that their marriage is over. In some cases, divorcing couples in Illinois and elsewhere might be faced with difficult divorce decisions, causing a heated debate. And while no one intends to or expects that their dissolution will resemble a battle filled with conflict, the fact of the matter is that this could happen.

Ways to reach a divorce settlement

43131755_S.jpgFiling for divorce can be an emotional process to initiate and progress through. Nevertheless, divorcing couples in Illinois may still believe that divorce is in their best interests. Therefore, they will endure the ups and downs of the divorce process. Because litigation is often looked at as an emotional, lengthy and costly process, some divorcing couples seek alternative methods when reaching a divorce settlement.

Divorce: marriage may be romantic, but prenups are practical

7833693_S.jpgWhile "love" is one of the first words a person in Springfield associates with the word "marriage," in fact there are many practical aspects of marriage that should not get lost in the haze of romance. Therefore, some couples find that it can help to have a prenuptial agreement (prenup) in place.

Be mindful of capital gains tax in a high asset divorce

42865868_S.jpgIn a recent post, we discussed the income tax treatment of alimony payments. For Springfield residents, who are going through a divorce or who were divorced last year, there are other significant tax implications. One of these is the capital gains tax and its impact on the divorce property division.

Are alimony payments tax deductible?

30807003_S.jpgNow that tax season is upon us, Springfield-area residents who have recently been divorced may be wondering about the tax consequences of their marital dissolution. In this week's post, we'll look at the tax treatment of alimony payments. Alimony, also referred to as spousal support, refers to payments made by one former spouse to help the other recover financially after a divorce.

Prominent former congressman ordered to pay child support

67084405_S.jpgIllinois cases in which a couple is at the end of a marriage can be complicated. This is particularly true when there are children involved. Adding to the litany of issues that will arise is when the couple in question is prominent and has significant assets. Those who are involved in a divorce that has the extra issues that accompany a great amount of attention must make certain that they protect themselves from the beginning of the process to the end.

Steps to take after moving forward with a divorce

30679756_S.jpgSpringfield residents who are preparing to divorce will frequently have a difficult time dealing with such an emotional time. The last thing on their minds are the various ramifications of a divorce if they do not take certain steps and precautions. However, it is important to remember these issues. This is particularly wise at the start of the new year, as research has shown that many people file for divorce in January.

Illinois legal assistance with a contested divorce

42083975_S.jpgNot all Illinois divorces are desired by both parties. In fact, while a large portion of divorces are done with both parties in agreement, there are situations when one spouse will contest the divorce. This is one of the divorce legal issues that is often understated. For those who are seeking to divorce and have a spouse who is contesting it or a spouse who would like to try and save the marriage, legal help is essential.

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