On behalf of The Walters Law Group, Ltd. posted in Family Law on Tuesday, January 14, 2014. When divorce is inevitable, it makes sense to consider financial planning for the ease and benefit of everyone affected. In Illinois, there are obvious economic issues to address like child support, spousal support, and property division, but in the event a divorce
Category: Divorce
On behalf of The Walters Law Group, Ltd. posted in Divorce on Sunday, January 12, 2014. When a Chicago-area couple undergoing divorce owns a home and struggles to divide assets, there are various ways to address this looming challenge. In many cases, it can make sense for one spouse to remain in the home while the other continues to pay
On behalf of The Walters Law Group, Ltd. posted in Divorce on Sunday, January 19, 2014. Sometimes, when someone fails to pay debts, a lien is placed on a home to establish it as collateral as the debt collection is attempted. Chicago divorcees may be interested in the case of a woman who asked a debt advisor about removing
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, December 13, 2013. As one Illinois couple is finding out, when a marriage ends, sorting out the details can sometimes be a complicated process. When one of the parties is unable to be located, it makes a potentially unpleasant event that much more difficult. In this
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, December 11, 2013. Regardless of the particular circumstances, according to a divorce columnist on Huffington Post, going through a divorce can be an emotional process. To successfully navigate the divorce maze, a person should educating themself in order to know what to expect. If the services of an
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, December 9, 2013. Financial columnists responding to divorced individuals noted that people may be confronted with unexpected taxes following their separations. In one instance, Illinois residents may have heard of a husband who failed to claim all of his income during his marriage, and his wife
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, November 18, 2013. Residents of Illinois who are divorced often have questions as to the effect that the dissolution of their marriage will have on their right to receive Social Security benefits. In actuality, a person who has gone through a divorce may be able to collect
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, October 30, 2013. Divorce proceedings can be complicated and divisive, particularly when it comes to custodial and financial issues. While some separating couples are able to agree on most matters, not every divorce proceeds this smoothly. Experts are therefore often used to help resolve certain conflicts. These professionals
On behalf of The Walters Law Group, Ltd. posted in Divorce on Tuesday, October 22, 2013. Illinois residents thinking about a divorce should consider asking themselves a few questions ending their marriage. Advance planning can cut down on the mistakes people getting divorced make. For openers, a person should meet with a financial planner to understand their financial picture
On behalf of The Walters Law Group, Ltd. posted in Divorce on Monday, October 14, 2013. Divorce can take huge emotional toll on an individual, but it does not have to be a financial burden. Individuals who are in a marriage that isn’t working out might want to take a few simple steps to protect themselves financially. First, individuals
