Illinois Income Shares legislation, effective since July 1, 2017, renders the currently approved Illinois Supreme Court Form as Obsolete. The form that is in use state-wide and is mandated by the terms of the Illinois Marriage and Dissolution of Marriage Act has been obsolete since July 1, … [Read more...] about Financial Affidavit Form
Divorce
Pre-Marital Property – Title Still Matters
Title ownership matters. Even with the changes to the 2016 Illinois law. Its a common misconception that once you are married, half of everything each spouse owns belongs to the other spouse. As a result, people often see little harm in transferring a pre-marital asset titled in their own name … [Read more...] about Pre-Marital Property – Title Still Matters
Income Shares Comes to Illinois
With the passage of income shares legislation (Pub. Act 100-15), Illinois law regarding child support dramatically changes. Prior to the passage of the income shares legislation, Illinois had comprehensive changes to its family laws in virtually all areas other than child support. This is because … [Read more...] about Income Shares Comes to Illinois
Don’t Cancel Spouse’s Health Insurance
Don't cancel the health insurance for your spouse just yet. While it does not happen often, there are cases were as soon as a divorce starts, one spouse cancels a group health insurance plan for the other spouse. Usually, this is a serious financial mistake. First, the cancellation probably should … [Read more...] about Don’t Cancel Spouse’s Health Insurance
Primary Driver of Divorce Cost
My father-in-law tells a joke involving two landowners in Ireland having a dispute. Each hires his own lawyer and files against the other. The lawyers meet for lunch. One lawyer leans over to the other and says "What we have here are two birds in fine feathers. You pluck yours and I'll pluck … [Read more...] about Primary Driver of Divorce Cost
Mediation for Other Issues
Mediation has gone from completely overlooked to mandatory for certain subjects in most of Illinois. In McHenry County, if there is any dispute regarding what we used to call custody or visitation [now referred to as allocation of parenting time or allocation of parental responsibility], the … [Read more...] about Mediation for Other Issues
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