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What Divorced Parents of Teenagers Should Know About College Expenses

 Posted on February 03, 2023 in Divorce

palatine divorce lawyerIf you are a parent of a teenager or pre-teen, you may already be thinking about your child’s future education. College tuition and related costs rise every year in Illinois and throughout the country. However, Illinois is unique in that divorced parents are sometimes court-ordered to contribute to their child’s college education. If you are a divorced parent or soon will be, it is important that you understand Illinois law regarding financial support for college-aged children.

Tuition and College Costs May Be Split Between the Parents

Illinois law states that a court may require unmarried or divorced parents to contribute to college tuition, housing, and other costs. If the parents cannot negotiate an agreement on how much each will contribute to their child’s college education, the court will make a decision for them. Illinois courts consider each parent’s financial circumstances, any scholarships or financial support the child is receiving, the child’s own financial resources, and other factors when deciding how to divide college expenses between the parents. The court may also require the college student to contribute to these expenses.

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What is Involved in a Divorce Deposition?

 Posted on January 27, 2023 in Divorce

palatine divorce lawyerWhen divorcing spouses disagree about the terms of their divorce, the divorce is said to be "contested." Disagreements about asset division, child custody, or spousal support in a contested divorce can often be resolved through mediation or negotiation. If the parties cannot resolve their disagreements out of court, the next step is litigation which may involve depositions, requests for production of documents, and other types of discovery.

A deposition is an opportunity for one spouse (or more likely, the spouse's attorney) to ask questions of the other spouse under oath in front of a court reporter. The answers are recorded and placed into evidence. The purpose of the deposition is to obtain information that may be useful in determining how the divorce settlement should be structured. If a divorce case is resolved through a trial, information from a deposition will be used to by the parties to strengthen their arguments in court. 

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How Collaborative Law Can Benefit You During a Gray Divorce

 Posted on January 23, 2023 in Divorce

palatine collaborative divorce lawyer width=While the overall divorce rate has been declining, one type of divorce is on the rise: so-called "gray divorce." Divorcing adults over the age of 50 are divorcing at rates significantly greater than other age groups. The reasons for this discrepancy are as varied as the reasons that couples get married in the first place. Some gray divorces are a result of years of pent-up dissatisfaction, whereas others are a result of changing life circumstances, differing goals, infidelity, a lack of intimacy, or countless other reasons.

Regardless of the reasons for divorce, gray divorces are typically more complex than divorce cases involving younger couples. Older adults often have decades of accumulated assets, investments, and debts that must be considered during the divorce process. Additionally, gray divorces may involve emotional issues such as caring for aging parents or providing support for adult children as well as grandchildren. In these complicated scenarios, collaborative law can provide a way forward for divorcing couples by allowing them to negotiate their own divorce settlement outside of the courtroom.

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5 Reasons That an Illinois Marital Agreement May Not Be Enforceable

 Posted on January 19, 2023 in Divorce

b2ap3_thumbnail_shutterstock_387607633-min.jpgWhen couples are preparing to marry or have already married, they may consider entering into a marital agreement such as a prenuptial agreement or postnuptial agreement. While marital agreements can be beneficial to both spouses, there are certain things that must be included in the agreement for it to be enforceable. Otherwise, the agreement may not stand up in a court of law. This blog will explain five reasons a marital agreement may be unenforceable in Illinois. 

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Understanding the Importance of an Accurate Business Valuation During Your Illinois Divorce

 Posted on January 12, 2023 in Divorce

palatine divorce lawyerWhether it is a startup, franchise, family business or long-term established company, if you own a business, an accurate business valuation is critical for your Illinois divorce. A fair and accurate assessment of the value of the company can help ensure that both parties in the divorce receive equitable settlements and that any debt incurred during the marriage is split fairly between them.

If you or your spouse own a business and you plan to divorce, make sure you understand your rights and work with a divorce lawyer experienced in business ownership matters. Divorce is complicated regardless of the couple's financial circumstances, but it is especially complex when one or both spouses own a business.

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Clearing Up the Confusion About Child Support and Parenting Time in Illinois

 Posted on December 31, 2022 in Divorce

palatine divorce lawyerParents who are unmarried or plan to divorce often have questions about child support, visitation, and the relationship between these two issues. For example, does a parent have to pay child support if he or she does not have visitation rights? Can a parent withhold a child from his or her other parent to enforce unpaid child support? Does the amount of time a parent spends with his or her child affect his or her support obligation?

To make the matter even more confusing, Illinois law changed the language used to describe child custody matters in 2016. What was once referred to as visitation is now called parenting time. Legal custody is called the allocation of parental responsibilities.

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Collaborative Law: An Option for High Profile Divorce Cases in Cook County

 Posted on December 19, 2022 in Divorce

b2ap3_thumbnail_shutterstock_704183452-2-min.jpg  Divorce is bound to be challenging regardless of the couples’ circumstances. However, divorcing spouses in the public eye often have unique challenges to overcome. Contentious divorce cases involving well-known individuals often become fodder for tabloids and news outlets. Even if a couple is only well-known in their local community, they do not want their divorce to become the subject of water cooler gossip at work or the local coffee shop. High-profile parents may also worry about what their children will overhear if their divorce becomes public.

Collaborative divorce is a divorce option that allows spouses to be represented by attorneys without the exposure of a public divorce trial.

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What Happens During a Divorce Trial? 

 Posted on December 13, 2022 in Divorce

arlington heights divorce lawyerThe vast majority of divorce cases end via a settlement. The spouses' respective attorneys are able to negotiate an agreement about property division, child custody, or other contested issues that both parties are satisfied with. The agreement is submitted to the Court and the Court issues a final divorce decree.

However, it is possible for a divorce case to end up at trial. Although rare, it is important for divorcing spouses to recognize that this is a possibility - especially if the case is especially contentious.

Steps in an Illinois Divorce Trial

When divorcing spouses cannot reach an agreement about one or more aspects of the divorce, the Court will make a decision for them. Divorce trials are usually bench trials. This means that a Judge hears arguments from both sides and makes a decision. There usually is not a jury during a divorce trial.

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Can Social Media Really Influence My Divorce Case?

 Posted on December 05, 2022 in Divorce

palatine divorce lawyerFacebook, Instagram, Twitter, TikTok, and other social media platforms are extremely popular. The majority of Americans have at least one social media account, if not several. For many people, posting on social media is second nature. They share pictures, thoughts, ideas, or opinions without even thinking about it. However, social media use during divorce can be risky. Anything you share online during a divorce has the potential to influence the outcome of your case.

How Facebook and Other Social Media Websites Can Affect Your Divorce

In a contested divorce case, each party is looking for evidence that strengthens their case. Evidence is gathered by each spouse’s attorney during the discovery portion of the divorce. You may be surprised to learn that information from social media websites is increasingly used as evidence in divorce cases. One study found that 81 percent of divorce attorneys had presented social media evidence in court.

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Common Challenges in a High Net-Worth Divorce

 Posted on November 23, 2022 in Divorce

b2ap3_thumbnail_shutterstock_499991806-min.jpgMany people falsely assume that having significant wealth eliminates most, if not all, of an individual's problems in life. However, having a high net worth often leads to its own unique set of problems and challenges, especially when a marriage ends in divorce. If you are planning to end your marriage and you or your spouse own high-value assets or have a high income, you need to know how this can influence the divorce process. This blog will discuss some common challenges that people with high net worth face during their divorce.

Getting Divorced When You Have High-Value Assets and Income

High-net-worth divorce cases are often much more complex than an average divorce case. As you prepare for divorce, make sure to plan for challenges such as:

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Nicholas W. Richardson is an experienced divorce lawyer and mediator whose comprehensive legal knowledge, commitment to clients and reputation for results bring lasting solutions to your problems.

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