On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, August 2, 2013. Gay couples throughout Illinois who took advantage of their right to enter a civil union have gained another victory. Amazingly, this victory comes in the form of a law passed hundreds of miles away. While gaining the right to gay marriage and civil
Category: Divorce
On behalf of The Walters Law Group, Ltd. posted in Divorce on Thursday, July 11, 2013. When a couple files for divorce in Illinois, a common practice that often occurs is for one spouse to sign off on a deed to a house and transfer it to the spouse still living in the home. Although this transfer of property
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, July 5, 2013. For many Chicago couples, arriving at an amicable divorce settlement largely comes down to the division of marital assets. When it comes to assets such as stock portfolios, real estate and art collections, assigning a monetary value is not difficult. Credit card reward program points
On behalf of The Walters Law Group, Ltd. posted in Divorce on Tuesday, July 2, 2013. Whether an Illinois individual has a wealthy spouse or not, it is important to prepare for intense legal battles with a possible spouse-turned-asset-bully. Many high-powered personality types don’t care about the money. They want to win – at all costs. It’s a game
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, June 28, 2013. Chicago couples who are seriously considering the dissolution of their marriage may be interested to learn that, in some cases, a fair settlement may not always make everyone happy. According to one woman, she discovered that agreeing to pay her ex-husband maintenance during
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, June 17, 2013. Understanding the difference between marital and non-marital property is crucial to determining the best individual course of action in a divorce. As an equitable distribution state, Illinois courts distribute all marital property equitably, or fairly, although not necessarily equally. Most property acquired during the
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, June 3, 2013. Divorce can be a complicated process. Some Illinois residents may be interested to learn of a few ways that spouses contemplating divorce may be able to help make the process simpler. The first step is to set anger or hard feelings aside during
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 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 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
