On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, October 19, 2012. Illinois residents with mental disabilities received a new freedom recently. Until earlier this month, people with mental disabilities who have a guardian could not file for divorce. The only way a person in this situation could get a divorce is if the spouse filed for the divorce. The new law will likely benefit many people, who until now, may have been trapped in abusive marriages. For instance, say a couple gets married and then later on oneContinue reading
Category Archives: Family Law
Prenuptial agreements may or may not be enforceable
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, October 10, 2012. Each year, countless numbers of couples throughout the Chicago area decide to marry. In some of these situations, to safeguard assets and property brought to the marriage, couples decide to sign prenuptial agreements. This is particularly true when the ensuing marriage is considered to be one of high-net-worth. Prenuptial agreements are designed to outline the division of assets should the marriage being entered into, fail. In some cases alimony and child support are addressed as well.Continue reading
Some marital assets are difficult to divide
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, September 28, 2012. Regardless of wealth, or the lack thereof, divorcing couples must agree to an equitable property division. Yet, at times, marital assets become difficult to divide fairly. They need some extra attention. Whether in Chicago, Los Angeles or the smallest town in Iowa, everyone can learn from the well-publicized case of the co-owners of the Los Angeles Dodgers and the impending divorce of the spousal co-owners of the Philadelphia Eagles. While most of us have more modest assets, theirContinue reading
Should abusers receive spousal support?
On behalf of The Walters Law Group, Ltd. posted in Divorce on Friday, August 31, 2012. Legislators in one state recently passed a new bill that prohibits spousal abuse victims from being forced to pay alimony to their abuser. Those marital partners who were abused would no longer face making spousal support payments to convicted abusers under the new regulation. Many Chicago victims of spousal abuse would likely hope that similar legal protection be provided to all in the future. A 39-year-old California successful financial planner and mother of two children wasContinue reading