When the wife brings home the bacon in a marriage

On behalf of The Walters Law Group, Ltd. posted in Divorce on Thursday, April 25, 2013. For many of Chicago’s married couples, it is the husband who earns the most income. Accordingly, should a couple split, the husband usually pays alimony in a divorce settlement. However, this is not always the case as research indicates that in a small portion of households, the wife is the top earner. In such scenarios, women may have to make certain considerations. Women should consider having a prenuptial agreement drawn up to protect their assets. The prenuptial agreementContinue reading

Illinois seeks to restrict parental rights for accused rapists

On behalf of The Walters Law Group, Ltd. posted in Child Custody on Wednesday, April 24, 2013. According to an Illinois representative, there may be as many as 30,000 pregnancies each year that result from rape. In some cases, these women inexplicably find themselves fighting with their rapists for child custody. The Illinois legislature is currently discussing a bill that would make it easier for women in such a situation to prevent their abusers from obtaining custody. Currently, a woman can only restrict visitation and custody rights against an attacker if he hasContinue reading

Transgender man may appeal divorce ruling

On behalf of The Walters Law Group, Ltd. posted in Family Law on Saturday, April 20, 2013. Illinois residents may have heard about the unusual case of an Arizona man who became famous as the “pregnant man” after giving birth to three children. The man’s attorneys have recently announced that he may seek an appeal following a denial of a divorce decree by a judge in late March. The judge stated that the transgender man failed to show that he was a partner in a heterosexual marriage prior to seeking the divorce andContinue reading

Florida bill removes permanent alimony, threatens past agreements

On behalf of The Walters Law Group, Ltd. posted in Divorce on Thursday, April 18, 2013. A bill overturning permanent alimony law in Florida has passed the Senate and is expected to face a vote in the Florida House. At least one observer believes the change threatens predominantly those whose primary contributions to their marriages were not in the form of a paycheck. Passage of the law means these financially supported spouses may be forced to renegotiate divorce agreements. The Florida Bar Family Law Section is an opponent of the bill it claimsContinue reading

Protecting spouses from premarital debt

On behalf of The Walters Law Group, Ltd. posted in Divorce on Thursday, April 11, 2013. Some Chicago residents may wonder whether a prenuptial agreement can help protect a future spouse from debts acquired prior to the marriage. The issue often arises when a person with substantial assets enters into a relationship with a person who has accumulated several debts. Property acquired after spouses enter a marriage is divided equitably during a divorce in Illinois. However, property acquired prior to the marriage remains the sole and separate property of the spouse that acquired it.Continue reading

Judge orders stay in child support case for lottery winner

On behalf of The Walters Law Group, Ltd. posted in Child Support on Tuesday, April 9, 2013. After winning a large Powerball jackpot while knowing that a warrant had been issued for his arrest, a New Jersey father can breathe a slight sigh of relief. Although the man owes approximately $29,000 in back child support, a judge has ordered a stay for the warrant that was issued against him. The Passaic County Sheriff announced that the warrant has been stayed for a few days until the man is expected to appear in aContinue reading

Facebook pictures lead to charges in child support case

On behalf of The Walters Law Group, Ltd. posted in Child Support on Friday, April 5, 2013. Chicago parents responsible for child support payments should be mindful of the pictures they post on Facebook. A Milwaukee man has been hit with felony charges for non-payment of child support after he posted pictures of himself on Facebook holding large amounts of cash. The Milwaukee District Attorney’s Office reported that they did not believe that the man was as poor as he claimed to be, so they obtained access to his Facebook account. TheContinue reading

Managing your credit rating when getting a divorce

On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, April 3, 2013. Simply getting a divorce has no impact on the credit ratings of Illinois residents, but financial changes associated with splitting up a marriage can lead to lowering an individual’s credit score. This is why people who are considering a divorce should be proactive about tracking their credit score and splitting up finances as quickly as possible. The first thing that those considering divorce should do is get a copy of their credit score. This will tell them whatContinue reading