On behalf of The Walters Law Group, Ltd. posted in Child Support on Thursday, May 30, 2013. Illinois residents may be surprised to learn of the staggering figures that are present in some child support cases. Recent child support cases involving celebrities have highlighted a problem with the existing system: some people may intentionally target others in the hopes of acquiring
Month: May 2013
On behalf of The Walters Law Group, Ltd. posted in Family Law on Saturday, May 25, 2013. With the growing trend of women earning more income than their husbands, more women are being ordered to pay spousal support to their husbands in divorce cases. Alimony was once a means of providing economic and legal recognition for women, who mostly
On behalf of The Walters Law Group, Ltd. posted in Family Law on Thursday, May 23, 2013. After Chicago couples divorce, there are many steps that they must take to get their finances under control. A divorce may result in a woman having her name changed, which requires her to acquire a new Social Security card, passport, credit cards, bank cards
On behalf of The Walters Law Group, Ltd. posted in Unmarried Couples on Monday, May 20, 2013. Illinois residents might be interested to hear that unmarried couples are not recognized by courts when they split up, or, essentially, ‘get a divorce” like married couples do. Studies show that nearly half of the adults in the U.S. in their 30s
On behalf of The Walters Law Group, Ltd. posted in Unmarried Couples on Wednesday, May 15, 2013. Statistics show that almost half of U.S. adults between the ages of 30 and 49 have lived together without the benefit of marriage. Marriage offers a number of benefits that living together does not. A break up is rarely easy, but when
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, May 10, 2013. How a family court decides to allocate property and debts depends largely on whether the state is considered a community property state or an equitable distribution state. In community property states, the presumption is that debt is community debt and unless a spouse
On behalf of The Walters Law Group, Ltd. posted in Child Support on Saturday, May 4, 2013. While child custody and support battles are usually fought by those with limited means, even the richest are not immune to negative interactions regarding these subjects. Illinois residents may have heard that a former Goldman Sachs executive is accused of conspiracy in
On behalf of The Walters Law Group, Ltd. posted in Family Law on Thursday, May 2, 2013. Attaining a prenuptial agreement in Chicago is a prudent decision regardless of wealth or socio-economic status. Pre-marital assets, such as retirement accounts, businesses and inheritances, can be protected via a pre-marital agreement. Though it may be difficult or uncomfortable to bring up
